Thursday 31 December 3015
Raise the sell stop to 37.48.
Price started to run when we observed the trigger was hit, prior
to entering the recommended buy order, so the buy price was
28 tics higher than the trigger not having used a buy stop.
This increases the risk by $280, as a consequence.
The following fast run-up reflects more of an oversold condition,
and intra day volume increased just prior to the high. The raising
of the sell stop is somewhat price related combined with being a
money stop, given the overall circumstances, to ensure a profit.