Can anyone clarify if Stop Limit orders will execute based on the High/Low Price rather than the Open/Close price?
For example:
I set my Stop Limit to $96.40 and Stop Price to $96.39:
and the stock (at the time of execution) was:
High: $96.75
Low: $96.32
Open Price: $96.75
Close Price: $96.41
Should my stop limit execute? Just for thoroughness the stock never went below the $96.32 low price.
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