Going to sell ½ of my position on ARD here this morning.. Locking in the 16%+ profits here. Going to set a stop loss for the remaining ½ position at $56.50.. This will lock in a profit on the remainder ½ position while giving it the chance to continue to grow more.
This is how we take our winners.. Take them before they get away from us. But still give it a chance to run more.
Sell ½ ARD at $57.70 (16%+ gain locked in)
Stop loss on remainder set at ($56.50 – which is based on the chart technicals)
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