General Motors (GM) following through with its break out above $40. I’m long this stock with an ATR based trailing stop. In the weekly chart, the ATR in resent months is around $2. My trailing stop is then placed at $4 and will let it run until it takes me out.
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GM Weekly Chart
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GM Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.
