The Buy order was filled this morning at $7.62 for 1,000 shares of Aphria Inc – symbol APHA on the NYSE. This stock also traded on the TSX in Toronto under symbol APHA.TO. I charted both and noted that the Momentum on the NYSE was stronger and so placed order there. The Momo would not impact the buy, but when I sell there could be more buyers in NY versus Toronto.
In hindsight, since the US markets were closed yesterday (May 27), but the TSX in Toronto was open, I should have bought at the Open on the TSX yesterday May 27. Trading in Toronto confirmed what my “After Work” Swing Trading ideas had indicated – that APHA was breaking out.
Disclaimer: This post is not meant as Investment Advice, nor is it advice to buy or sell any shares in any company.. Do your own Due Diligence. Seek out the advice of your own financial and investment advisors before risking any funds in the Stock or Futures Markets. You can lose money and even all of it when investing at the Stock Market Casinos. This post is for my own educational purposes.
Posted by: Vincent Banial