[Investing] Swing Trading Evolution Petroleum (EPM)

Evolution Petroleum (EPM)- The company that I am long but I am currently swing trading because of its volatility

So how has swing trading worked out for me?

Well, I made about 15% swing trading EPM in November. Not bad-

Actually, very thankful and blessed.

Most trades were 1-3% and sometimes, it would be days before I could exit-

So I am very thankful for the returns.

EPM Evolution Petroleum Corporation daily Stock Chart
From: Finviz

Now if I just held on to the stock? I would have made more actually…about 40% but very hard to hold on when the stock trades in a range-

I hope EPM keeps going up with the recent increase in oil price but I think it will trade in a range again given the market’s volatility.

I won’t be surprised if the tax loss harvesting and just frothy market would hit the stock.

So for the foreseeable future, I will be swing trading EPM-

Thank You Jesus for a blessed day. Let us always be thankful and share Your treasures Amen-

Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.

1 Thessalonians 5: 16-18

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