Typically I wait for a 100% return and then set a stop-loss at 75%. Then I start trailing it up. When I stop-out I move on to the next trend breaker. Ted says to draw a line on the daily lows and when the uptrend is broken, sell. However, the markets seem to move faster today and I can't check, but once or twice a day to check my positions.
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Like you, I bought this stock (at 6 1/2) based on the newsletter. Looking good and continuing to hold. Would love to see rise continue on not so heavy volume, as I have yet to see anything indicating a distribution, i.e. it looks like strong hands are likewise continuing to hold. Good luck to all my fellow TW friends.
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I think Carmine is right.I don't see any distribution as yet.I do see maybe a 50% retracement after this higher volume rise.Has good climbing support line.Would like to see lower volume rise after retracement.I have been doing a study using indicators such as MACD,Rsi etc to add to the TW method.OE looks good in the Medium term and long term.The climb of OE has not been over 45% until this little spike.It may start to have upper level consoladation after retracement to gain more strength.If there is high volume and more thrust moves i would watch for that distribution.Draw those uptrend lines to protect your investment
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