PANW Long at 172.83 (quick flip)

8 janv.

PANW is in the midst of a long overdue breather in a year long uptrend and after its rocket run from August through early December when it gained over 35%. Its correction may not be over yet, though I don't think it will drop much below 165 near term unless the whole market sells off. I'm just in for a quick buck so it all doesn't matter much to me anyway. 4 down days in 5 is also a selling point for me here. I went long at the close today at 172.83

Per my usual strategy, I'll add to my position at the close on any day my algo still rates it as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.

As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.

10 janv.

Trade fermée: cible de profit atteinte

Sold at 173.44 just before the close for a 0.35% gain in 1 trading day. Not what I had hoped for, but given the market today, a win is a win and I'll take them any way I can get them.

10 janv.

Note

Trade summary for my records

Wins 1
Losses 0

Avg gain per lot = +0.35%
Avg holding period/lot = 1 day
Avg gain/lot/day held = +0.35%
Annualized ROR = .35% x 252 = +88%