Today was quite lully day, and with my schedule I wake up basally around 9am Pacific time, so I miss out on most of the open, and early morning, so I am trading based on either a good chart setup I see, or a PR.
After spending most the morning not trading, I was about to head to the gym, and decided to check Twitter one last time to see if there are any good idea out there (I follow only the good traders, by the way) and sure enough[like_to_read]
this guy, posted this tweet:
Now, keep in mind I have been following this man and his alerts for quite a while, he mostly posts PR alerts and the trades can be gimme’s, here is his blog as well, check it out.
$PPHM has been hot for the last couple of weeks and with the PR and the fact that I was positive with a nice high dollar amount, I pulled the trigger as soon as I saw any sign of action and volume, which was basically as soon as the chart was pulled up.
I Bought 2,000 shares at $2.33 and quickly sold them off at $2.50 for nearly $340 in profit. Then I let it rest and pullback, waiting for one more push on the stock. I rebought 2,000 at $2.47 and luckily sold at nearly the top, $2.59 (initally it was a limit sell at $2.60 but changed my mind real quick based on action) for another $260.
Overall, maybe factors made me pull the trigger quick and jump in, but I suppose the moral of the trade is to follow good traders on twitter, sometimes, it can pay off!
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