I wouldn't do that even at those high prices, spoils the momo even more once we get up to that level. They can still hunt down the stops rather than let it keep climbing.
If you want to protect your gains higher up then buy a put at a price you're comfortable selling at. If price falls, your profits are locked. If price keeps going up you can sell your put to get some premium back and then either sell at the higher price or buy a new higher put to lock in higher profit.
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