NINE follow up with stops educational

    Posted by matt on 30th of Dec 2022 at 09:52 am

    NINE - Chart Link- at this point with that bounce off the 9 EMA swing stops can be moved up to Wednesday's lows

    look over the chart, see all those arrows - that's an example of how you can stay long a stock for a long period of time in an uptrend and raise stop over time (keeping it just wide enough not to be hit) but constantly being able to move the bar (stop) up over time to lock in gains

    Very nice update on NINE.

    Posted by rbreese on 30th of Dec 2022 at 10:49 am

    Very nice update on NINE. Glad I covered most of short yesterday near 13.00 but still have small amount. My weaker small OILS short working out much better. 

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