We have closed our CRWD trade at a profit of 12.5%. The profit target has been reached and the stock if short-term overbought (RSI) which increases the risk for a short-term pullback.
When the stock is at the target profit, you have several options: a) close the full trade, b) close half of the trade and move the SL for the remaining half up to e.g. breakeven, c) move the SL up to e.g. breakeven and hold the stock for a larger move.
Combing the BEST of two WORLD's: Cathie Wood & Mark Minervini
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