Posted by JayC > 2015-08-13 14:37 | Report Abuse

not possible le. now its rebounding to 2.62 as i write. how u know it will go down to 2.4? no way

Posted by RicheHo > 2015-08-13 14:44 | Report Abuse

I don't know will it be going down to 2.4, I am saying tightening cut loss will help to protect my profit. Minimize the risk.

Posted by hunterdom84 > 2015-08-13 15:11 | Report Abuse

same as my Mieco..shoot to 1.20 my target price but I didnt sell it because of greedy..now left ntg..

Posted by BuLLRam > 2015-08-15 00:15 | Report Abuse

This is like setting a trailing stop loss..to protect n take profit while riding the uptrend.. For e.g. once it is in profit n above 3.00..set a stop sell once it reverses or go down by 0.20 cents..
In this way...when it hit 3.20..your stop profit sell would be at 3.00..to lock in your profit..