Here is a stock that is in a buying opportunity. Note the green vertical dashed line denoting such a buying opportunity. Entry should be as near to $28.74 as possible by placing an order called a buy limit.
Setting a stop loss is the next priority. Set it at $26.04.
Setting targets is the next step. Schedule 3 targets to reach.
T1 = $30.31
T2 = $32.80
T3 = $34.15
Move you stop loss up each time a target is reached.
Well, I never got to move my stop loss up because I never made a profit off of this one. Within 4 days it came down and met my stop loss.
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