The Falling Parallel Channel Pattern breakout has provided a return of approximately more than 95%, so it may be a reasonable time to consider booking profits. A gain of 95% can be considered a decent return, depending on the timeframe and individual investment goals.

Profit booking allows you to secure the gains you have made and protect your investment. By realizing profits, you can potentially reinvest them in other opportunities or diversify your portfolio.

However, it's always important to assess the overall market conditions and consider other factors that may impact the security's future performance. Monitor the price action, volume trends, and any relevant news or developments that could affect the security.

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Nov 04 2023