August 1, 2022 Target was Hit on CTIC for an 8.9% Gain. Target was Hit at $6.75 for an 8.9 % Gain on CTIC.
Nice! Does it seem that the Nasdaq has much higher to go given the it seems the danger zone is has not been touched.
Hi Mary. The NASAQ is in the Red Zone on the Daily Chart (probably too late to Buy for the Short Term).
And it is Below the Green Line. Probably a pull-back to the Pink Line (10-day avg.) soon.
Thank you very much for both your wisdom and your prompt reply with a chart too!!
I’m sorry but I am not clear on what to do when the target price is hit.
Should the position be closed at the target or should we still hold and just raise the stop to even?
When the investment reaches the target, we take it. But that doesn’t mean it has peaked.
Follow it up with a Stop below the Pink Line (10-day avg.) if you want….
Thanks for writing.