The first transaction I made this week was with First Solar Inc. I bought 400 shares of this stock at $31.20 a share. The price for the stock has currently dropped down to $26.91 and is slowly making up the money I lost when I bought it at the higher price. I bought it at 31.20 because it's 52 week range showed that it had potential to rise up to around $40 a share. I will continue to hold onto this stock until I recover the money I lost in trading it.
The second transaction I made this week was with Amazon. I've held onto Amazon for about 2 weeks now after buying it at $179.10 and selling it at $192.30 I trade with Amazon pretty regularly becuase it has frequent high swings and low swings. It will drop to a price inbetween $177 and $180 and will shortly after rise to around $189 to $194. I've noticed this swing is very periodic and have made profit off of buying when low and selling when high and then short selling when high and buying to cover when low.
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