What do you think about buying Visa (V) just before the close today? They have earnings coming out after the bell.
Visa
- Thread starter themarketinme
- Start date
V should be sold sooner rather than later.
The above represents a 'random walk down wall street.'
The above represents a 'random walk down wall street.'
Ended up buying it right before the close at $48.9 and sold it in extended hours for $52.5. 9% move is good enough for me; didn't want to get stuck with it today on a pullback.
Got in at the open at $52.00. Was waiting for it to hit $54.00. Put $0.80 trailing stop. The motherf###ing thing was almost at the target but then turned around, dropped the whole $0.80 and stopped me out!!! I was slow with the trigger the second time around - could've picked it up even lower than the first time. Oh well, got in at $50.30. Put a stop at the entry price. The price went up $0.40 and dropped again below the stop. Poop. I finally gave up and moved on to something else. Sure enough next thing I see V drops a whole dollar in 2 minutes. :eek: If I could day trade this would be an awesome stock to play. Alas I trade a small account (under $25K) and used up all my allowed day trades on this crap.
I read some good stuff by an independent research firm before the close yesterday so figured I'd jump in just in case there was a pop, and there was. Wish I held it; it's up near it's high now near $54.
What platform are you using to trade that only allows x-number of day trades? I use etrade: it's simple, instructional, and great for all trading (day, extended, global, etc).
What platform are you using to trade that only allows x-number of day trades? I use etrade: it's simple, instructional, and great for all trading (day, extended, global, etc).