$ATI – UPDATE: +4.30R, Goallllllllllll, Switch to Auto Trailing Stop

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.

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