04/06/14 – A new Wave 5 high was formed during a strong session for this stock yesterday, which also closed near the high for the session. I have adjusted the trailing stop to 35.66, which protects 1.6% profit on my trading account balance for this trade. As part of my trade management strategy I will look to adjust my trailing stop to the 2% profit line if the next couple of bars (days) continue to be strong and the price continues to close higher. As Below
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