Take your profits as you see fit, as it is your trade and you must manage it.
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The changing prices of a security from tick to tick, day to day or whatever time period you are looking at may seem random, but there are ways to smooth out this randomness.
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Price level that concludes a short-term rally in an ongoing trend.
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This will help us identify the underlying value.
First we will normally see a period of inactivity or consolidation.
This we will do by establishing channels in the particular trend we are working with.