The RGR (Strum Ruger & Co.) swing trade has just hit the third price target (T3) for a 37% profit from the initial entry at 33.75 in the Aug 8th Swing Trade Ideas video posted exactly one month ago today. Consider booking partial or full profits and/or raising stops if holding out for additional gains.
Based on various factors, including the extreme overbought reading & increased likelihood of a correction, I have also decided to make this the final target, removing T4. As such, RGR will now be moved from the Active Trades category to the Completed Trades archives. For those holding out for additional gains, consider a stop somewhat below the uptrend line on the daily chart below.
RGR daily Aug 8th