AI
Yes, at $3 or just below it
As Rayjohn was pointing out, you could use the bottom of the last trailing tail, which would be near $3. You can see that when DYN was uptrending that using the previous trailing tail as a stop limit would have locked in any gains. Again, it is a personal decision on how tight to set a stop, especially with a volatile stock. You want to allow some movement but still keep yourself out of an extended selloff and perhaps lock in some already hard earned gains. If using a trailing stop when DYN was moving from $4 to $5 or $3.50 to $4 you could have kept most of any capital invested and not have had to ride the downdraft. How tight you set the stop would depend on your risk tolerance. A Stop is not something that you Want to get hit and if a stock is Uptrending should not be hit. It should be there though to protect your capital and prevent a Small loss from becoming a Big loss.
Good Luck Sara! :^)
As Rayjohn was pointing out, you could use the bottom of the last trailing tail, which would be near $3. You can see that when DYN was uptrending that using the previous trailing tail as a stop limit would have locked in any gains. Again, it is a personal decision on how tight to set a stop, especially with a volatile stock. You want to allow some movement but still keep yourself out of an extended selloff and perhaps lock in some already hard earned gains. If using a trailing stop when DYN was moving from $4 to $5 or $3.50 to $4 you could have kept most of any capital invested and not have had to ride the downdraft. How tight you set the stop would depend on your risk tolerance. A Stop is not something that you Want to get hit and if a stock is Uptrending should not be hit. It should be there though to protect your capital and prevent a Small loss from becoming a Big loss.
Good Luck Sara! :^)
Good Luck to All! :^)
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