When should I sell my Ford stock?

carpediem104

New member
I bought a bunch of stock in Ford when they hit $2.40/share. I just checked and it's trading at around $8.70/share. I don't want to get out too soon and miss more gains, but more importantly, I don't want to hold too long. I'm thinking of setting my account to sell if it falls below $8. Does that seem like a good idea and also is there a high end price I should also sell if it hits that?
 
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