Originally Posted by
winner69
Updated RYM chart with an Average True Range (ATR) shown, ATR is a robust measure of volatility and is useful is setting stop losses on stocks that steadily increase, with the purpose of capturing most of the gains and not selling too soon after a pull back to see the price rise again. The ATR on this RYM chart is set at 4, a pretty loose setting ideal for something that has increased for so long
Follow this methodology and one wouldn't sell RYM until it falls to 611 ,,,, but then tomorrow the number might be higher. Rememebr it was only 570 odd a few weeks ago
That's my system and I going to stick to it