Over the past three weeks, the share price for Fox Factory Holding Corp (FOXF) has jumped more than 10% and today closed above my target price of $43. There has been no news to explain its rapid rise other than an overall rally in small-cap stocks in anticipation of a major corporate tax cut which may not happen, so I am raising the stop price on FOXF to $42 to protect most of our profit. There are still six weeks left in my target holding period, so I will only close out this position before then if FOXF trades down to this revised stop limit price.

NOTE: Unless my stop-loss orders (stock sold at a loss) that are only effective at the closing price, a stop order (stock sold at a gain) is effective throughout the trading day and can be exercised at any time the stock trades down to that price.