Tagged: AAN

Have placed Sell order for my 1,000 shares of AAN at $59.60 per share.

I would normally try and sell in the final hour of regular trading. Have an sell order at $59.60 each, for my 1,000 shares of AAN – Aaron’s Inc.

Price has moved above the Upper Bollinger Band. It will in my opinion, retrace back to one of the moving averages. When that happens I may buy again. This was a low volume buy – picked it up over a month ago for $58.00 per share. Was looking good but then the Trump Tweets about China Tariffs messed up the Markets. It can come back. and so I figure that I’ll take out the Capital Gain of $1.60 per share.

Stock Chart of AAN - Aaron's Inc

Stock Chart of AAN – Aaron’s Inc. Chart created using Stockalyze

UPDATE: After posting this, I checked the price and it has gone down below the Low set at 10:24 am this morning. If I don’t get filled at $59.60 by 3pm today, I’ll cancel the sell order and will grab Market price after 3:30pm today. Figures that it dropped around Noon time when people leave for lunch. I normally stay away from trading between Noon to at least 2 pm. I like trading opening hour and closing hour can bring in awesome trades. That is also why the sell order was not an At Market order. I used to really enjoy Day Trading. Swing Trading can be rewarding, but it is hard to switch the Brain from Day Trading Mode. Like when the China Tariff Tweets tanked the Markets. It was hard to accept the price drops and tell myself that I was in the stocks for the longer term and you are not day Trading. Don’t know how Warren Buffet is able to do it…

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

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Stock Trading Review for period ending May 03 2019

Sold 10,000 shares of NVDA NVidia Corp on NASDAQ at $182.38 per share. I had purchased those NVDA shares at $178.75 per share. Capital Gain on sale of NVDA = $182.38-$178.75 = $3.63 per share. 10,000 shares sold at $3.63 Capital Gain each = $36,300.00 realized Total Capital Gain. Continue reading

Order Fills

TWTR – 1,000,000 shares at $39.30 per share – filled

AAN – 1,000 shares at $58.00 per share – filled

MTP – 1,000,000 shares at $3.60 per share – filled

PINS – 1,000,000 shares at $34.81 per share – filled

NVDA – 10,000 shares at $178.75 per share – filled

MTP is a foreign BioTech – an ADR – long term this should work out. Short Term loser – went below $2.00 today. Will hold for long term.

Interesting the difference between low price and high priced share performance coming off a Breakout Gap (except PINS which is a IPO and NVDA which was based on the CCI and Woddies CCI).

 

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

 

 

Stock Trades Review

TWTR – in play today – bought for the long term

AAN and MTP – consolidating. With MTP the key is to stay above $2,00

HELE – in play today – did not get filled as price continues to rise and I wanted to buy in at a lower price.

Low price stocks – SCKT and AKTX – did not buy – they are also consolidating after the Gap Up…

So last week was a fun week for Gap Trading.  A Gap Up indicates that the Trend should change upwards. The problem is after the Gap the price can consolidate – often forming a flag or pennant, before the price continue back upwards.

 

Posted by Vincent Banial

Bought 1,000 shares of AAN on the NYSE today

 

Have been posting some of my trading to the Uniquely Toronto Facebook page. Bringing this trade over to this our main site.

Purchased 1,000 shares of AAN (Aaron’s, Inc.) on the NYSE this morning. Picked up the 1,000 shares for $58.00 per share.

AAN shares trading on NYSE

AAN shares trading on NYSE Courtesy of Tradingview.com

Reasons why I bought 1,000 AAN shares on the NYSE today::
Prior day Close was $53.27.
Today’s open was $55.05, Which means the Price Gapped UP (ie lots of buyers).

Much Higher Volume than normal at 1.5 Million shares.

Price moved above $56.04, which was the prior high set on Feb 27.

50 Day Moving Average is showing the price is in an extended Uptrend.

The Low of Feb 14 was not surpassed by the low on March 25.
So you had a Higher Low on March 25 which gives an indication
that the trend upward should continue.

Earning Per share rose over 30% in the reported Quarter.

So the Technicals looked great as did the Fundamentals.

I am not an registered Stock Analyst nor a licensed Stock Advisor. This post is not a suggestion for anyone to buy anything. Please seek the advice of your own licensed Investment Advisor before placing bets at the Stock Market Casinos. You can lose money – even all of it. This post is for my own educational purposes…

 

Posted by Vincent Banial