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Replies to #54953 on Monk's Den
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TraderRich

05/08/09 8:02 AM

#54954 RE: ashy2classy #54953

Sure thing. Sorry I couldn't answer your question more directly, but it was never so easy for me to pick a target to sell at. I'm more oriented to watching support/resistance areas to see how the stock behaves. I typically will set a stop-loss and raise it as the stock moves through resistance. Once I see a sign of weakness I'll usually take some profits, then ride the rest either eventually up through that resistance or down to my stop-loss.

GLTY as well.