On WING you need to liquidate at the market, or raise stop, or be prepared to sell on any type of negative action.
Wingstop has reached its first upside objective at $69. It is still acting well, but the Technometer is very overbought at $54, and the Wyckoff Wave looks like it could correct here some.
I would recommend raising stop to $66.19, and watching it closely.
Otherwise sell at the market, and register a nice profit from the original purchase of $32.77
Good Trading,
Todd Butterfield
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