Question
Suppose that I own 100 shares of Home Depot stock. I bought it at $190 a share. I think it will go up to $225
Suppose that I own 100 shares of Home Depot stock. I bought it at $190 a share. I think it will go up to $225 a share. It fluctuates daily. What would be a good way of using limit orders in this scenario?
| A. | Limit orders would be of no help here. Just sell when it reaches $225/share. | |
| B. | Place a market order to buy 100 shares when it reaches $225 a share | |
| C. | Place a market order to sell 100 shares when it reaches $225 a share | |
| D. | Place a limit order to sell 100 shares when it reaches $225 a share |
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
