Can you set up a contingent order that only sells when the stock price falls to a value above the current price?

Question

For example, say the current price is $20 a share and I have sell order for when it hits $25 while decreasing in value. So the price will have to initially pass $25 without selling, but will sell if it hits $25 while dropping in price.
I'm sorry if this has been answered elsewhere, wasn't able to find anything when I searched.

Nick · Answer

What you are looking for is called stop-limit order

Orange Coast- reinstate Monica · Answer

In this scenario, you would quickly be stopped out at $3, anyway. A trade at $3.00 would activate your order; subsequent trades at $3.01 and $2.99 would stop you out. Remember, trades are executing all trading day long, every trading day.
Practically speaking, what you want is an automatic alert when the stock hits, say, $3.20. Then you can manually activate a $3 stop order or stop limit order.

Can you set up a contingent order that only sells when the stock price falls to a value above the current price?

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