John was an avid investor in the stock market, and he had been closely following the semiconductor industry for some time. Lately, there had been a lot of hype around artificial intelligence, and this had caused stock prices in the industry to soar. The technical formation of the chart looked good, and John had seen his investment in the semiconductor industry go up quite a bit.
However, as time went by, John started to notice signs of exhaustion in the market. He realized that care needed to be taken to protect his investment, and so he decided to move up his stops or exit the position altogether. It wasn't an easy decision to make, but John knew that it was the right thing to do.
Do the right thing. Don't be greedy. We're right by the 61.8 and above the 50 from the high to the low.
The end.
However, as time went by, John started to notice signs of exhaustion in the market. He realized that care needed to be taken to protect his investment, and so he decided to move up his stops or exit the position altogether. It wasn't an easy decision to make, but John knew that it was the right thing to do.
Do the right thing. Don't be greedy. We're right by the 61.8 and above the 50 from the high to the low.
The end.