Aspen Technology (AZPN)

Update. This is a follow-up to a previous sale of half my AZPN shares.

AZPN stock chart
gain Bottom line

Sell. Aspen Technology shares recently approached $9 and then began to drift. Buying pressure (green +DI line) began to fall off and the strength of the trend (ADX line) also began to weaken. Wanting to protect gains of well over $2 per share on this stock, I placed a stop-limit sale order before leaving on vacation: sell for no less than $8.25 if bids dropped as low as $8.12.

On Friday, an apparently volatile day for AZPN, conditions for the stop limit order were met, and my remaining shares sold in two separate lots for the specified limit price, $8.25.

Although I didn't realize it at the time, $8.25 was the price I received when I sold the first half of AZPN. No additional gain, but then no additional loss, either.