[Raising Stop Again on LSI]
Dear Member:
LSI has continued to climb and is approaching a resistance. I am going to raise my stop up fairly tight in case the price retreats near resistance. If I am stopped out and the stock later breaks resistance, I can always re-enter, but meanwhile, I want to try to preserve profit. I am now setting my stop to sell at $5.90.
DISCLOSURE: At the time of publication, I own shares of LSI.
Sincerely,
Bill Kraft
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