Even though, per the last update, the earning growth acceleration seemed to have dissipated, the stock continues to push higher. Today was another strong day with big volume to follow-up yesterday’s like move.
Since the price hit a 4R gain today, I was able to switch my manual back stop to an automatic trailing stop. At the 4R gain I set a trail of 3R and achieved my goal. Now, the market will be my exit strategy and it can take me out whenever it wants, and I’ll still get a minimum of 3R gain.