What is a target price?
For those with specifically defined price appreciation goals for a stock they have purchased, ExitPoint provides an additional strategy setting called “Target Price” that takes into account these goals. This entirely optional feature allows users to enter a specific price they are hoping to a stock will reach. If the price of that stock is reached, ExitPoint will shift from the “Trailing Profit” strategy into the “Target Price” strategy, tightening the percentage spread below the current price at which ExitPoint will trigger a sell alert.
