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Author Question: Three years ago, Emily bought 200 shares of HQ at $27.00 per share. HQ shares have risen to $57.50 ... (Read 81 times)

jenniferbaugh1984

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Three years ago, Emily bought 200 shares of HQ at $27.00 per share.  HQ shares have risen to $57.50 per share.  If the stock continues to rise, she wants to hold it, but she fears that the price could fall quickly and she will lose most of her profit.  Which of the following decisions would be best?
◦ Place a limit order to sell at $60.00.
◦ Place a stop-limit order at $55.00.
◦ Place a stop-loss order at $27.00.
◦ Place a stop-loss order at $55.00.


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Marked as best answer by jenniferbaugh1984 on Mar 29, 2022

rika06@comcast.net

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jenniferbaugh1984

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


meow1234

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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