[Placing Exit on Armor Holdings (AH)]
Dear Member:
Armor Holdings (AH) stock has gained nicely since my entry. It has stalled, at least momentarily, at a resistance. I am setting an alert for myself to sell in the event the stock goes below $53. I could also have chosen a stop order in the same area, but, in any event, if it breaks down below $53 I am taking my short term profit.
DISCLOSURE: At the time of publication, I own shares of AH and LEAPS calls on AH.
Sincerely,
Bill Kraft
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