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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Underexposed who wrote (738)1/23/2020 4:07:24 PM
From: Underexposed  Read Replies (1) | Respond to of 914
 
USA: End of the Day for Seaspan [NYSE:SSW] final price


I am entering a Limit Sell order to sell the 2000 shares of SEASPAN at $12.75/share right now


I have thus recovered about $1.80 / share from the low for the day.

Why would I not wait another day and hope for more gains from that plummet. ???

this is what caused the drop today

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It seems to me there is no point in holding on to the stock any longer. I will take my profit and sit on the sidelines.

If it settles back at $10-$11 I may purchase this company stock again. But I don't plan on losing money waiting...any more than I have lost today :)

Anyway, that is how a Limit Stop Loss works and can help you save greater losses over a simple Stop Loss order.

UE