What if the stock opens above the Ctabs "sell" target price?

If the stock opens above $30, you may want to take the profit right away before witnessing the possible outcomes at the end of the trading day.
   (A) The stock closes with an up candle.
   (B) The stock closes above $30 with a down candle.
   (C) The stock closes below $30 with a down candle.

For (A) and (B), you should not have carried out the "sell" action and may have taken profit too soon thereby "leaving money on the table".

For (C), you should have carried out the "sell" action and you did plus you took profit at a more profitable price point relative to the closing price.

Those are the options and your action is largely dependent on your trading philosophy and style. A more conservative style would suggest taking profits when you can. A more aggressive style would suggest waiting for more profits (of course being subject to continued risk).

Page 12 of 13
  Next
More you might like

State of the Economy and the Stock Market Outlook

This article examines the state of the stock markets as economic conditions transpired over the past year and how to deal with the outlook for recovery.

Execute Winning Trades and Boost Your Trading Success

This article examines the elements of successful stock trading. A stock trading method to execute winning trades and to achieve trading success. A trend following system based on candlestick technical analysis.

Seeking Penny Stock Picks, Finding Amusing Material

This article covers the experience of seeking trust-worthy sources of information on penny stock picks where amusing and incredulous material was encountered.

Stock Trading in Private Companies

Buying and selling of private company shares in secondary market exchanges.

React to Technical Analysis Indicators to Trade the Rise and Drop in Stock Prices

This article examines the approach of trading stock price cycles as a means to achieve repeated trading profits in short-term trading. Take what the stock markets will give you.

Visit igtsoft.com for
your photography needs.

Terrafugia flying car at the airport



Extinction is the rule. Survival is the exception. - Carl Sagan