i’ve just noticed and added an additional target to the RGR short trade. this new target is just below current levels and although i still favor the original final target on the 4 hour chart (old T2, now T3), i just wanted to point this level out for anyone that might be looking for an objective area to book some of the profits. my thoughts are that IF the market holds up or bounces here, there is a good chance that RGR will bounce. tough call to say whether or not we get a decent bounce here or not. i’m going to post a 4-hour chart of the Q’s that show we might catch some support here. personally, i just booked some profits on RGR and might take it all of but will look for a re-entry soon for a move down to T3, probably once T2 breaks.