Question: You have been watching a stock that has dramatically increased in price for the last several days. Today it closed at $50 per share. You
You have been watching a stock that has dramatically increased in price for the last several days. Today it closed at $50 per share. You want to purchase this stock in the morning using your online brokerage account. You are willing to pay up to $53 a share but no higher. What type of purchase order should you use?
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