for those the initial stop is the candle low - but on something
like PBF it already hit its price target today. If that ends up
being a better bottom maybe price goes up to the 20 day next. I
sold all of mine, for me I tend to be risk averse and like to lock
in gains - what I try to do is go heavy and then if I wish to keep
some shares, I can sell 80% or 90% and keep 20%, 10% for a runner
if it turns into that - whatever feels better for your brain. For
PBF, I would rather not still keep the stop that low - what will
probably happen is you will get a higher low on an intra day time
frame like the 15 min or something to move stop up to
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for those the initial stop
PBF CCI follow up
Posted by matt on 12th of Dec 2022 at 04:24 pm
for those the initial stop is the candle low - but on something like PBF it already hit its price target today. If that ends up being a better bottom maybe price goes up to the 20 day next. I sold all of mine, for me I tend to be risk averse and like to lock in gains - what I try to do is go heavy and then if I wish to keep some shares, I can sell 80% or 90% and keep 20%, 10% for a runner if it turns into that - whatever feels better for your brain. For PBF, I would rather not still keep the stop that low - what will probably happen is you will get a higher low on an intra day time frame like the 15 min or something to move stop up to