Comments on: EUR/USD Price Target Hit, Precious Metals & Stocks Likely To Rally https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/ Stock Trading, Investing & Market Analysis Wed, 28 Feb 2024 17:36:37 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: shannonp https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30145 Wed, 03 Jan 2024 20:22:11 +0000 https://rightsideofthechart.com/?p=213087#comment-30145 Thanks for your insight. Great timing. Randy!

]]> By: rsotc https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30144 Wed, 03 Jan 2024 19:01:59 +0000 https://rightsideofthechart.com/?p=213087#comment-30144 In reply to jmccallum.

Agreed. I have alerts set on $BTC & /BRR (Bitcoin & Bitcoin futures) on these 2 & 3-hr charts below with both looking very toppy & offering objective shorts below those levels. Thx for pointing out.

]]> By: rsotc https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30143 Wed, 03 Jan 2024 18:57:19 +0000 https://rightsideofthechart.com/?p=213087#comment-30143 In reply to jmccallum.

MSTR nice looking short setup, either here following that Island Top (with stop above the recent highs) and/or on a break below this uptrend line. Thx for sharing & congrats on XLK puts.

]]> By: jmccallum https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30142 Wed, 03 Jan 2024 17:09:59 +0000 https://rightsideofthechart.com/?p=213087#comment-30142 because bitcon trades continously, i dont’ think it can technically have an island reversal but it might be a reversal too.

]]> By: jmccallum https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30141 Wed, 03 Jan 2024 16:48:37 +0000 https://rightsideofthechart.com/?p=213087#comment-30141 thanks randy, closed out my XLK puts because they are januarys.

looking to add puts on a bounce

MSTR has what could be a big island top. Many other bitcon related issues looks similar.

watching NDAQ puts in particular

]]> By: B-Right https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30140 Wed, 03 Jan 2024 16:09:41 +0000 https://rightsideofthechart.com/?p=213087#comment-30140 Thanks for the timely charts Randy.

]]> By: rsotc https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30139 Wed, 03 Jan 2024 16:04:29 +0000 https://rightsideofthechart.com/?p=213087#comment-30139 In reply to devnat.

QQQ has support at 399-400 & I favor a tradable bounce off that level before the next leg down to 392:

https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30133

https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30138

]]> By: rsotc https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30138 Wed, 03 Jan 2024 15:27:35 +0000 https://rightsideofthechart.com/?p=213087#comment-30138 To be clear, QQQ has support at 399-400 (399 is that reaction low & gap from Dec 13th) so my preference is to only take (enter) long positions above that support, not below it, with a stop below 398 for any bounce longs taken, at most on a 5-minute closing basis.

]]> By: devnat https://rightsideofthechart.com/eur-usd-price-target-hit-precious-metals-stocks-likely-to-rally/#comment-30137 Wed, 03 Jan 2024 15:20:49 +0000 https://rightsideofthechart.com/?p=213087#comment-30137 on QQQ, I thought you said if we break 400, the next support is 392… so what comes first? 392 or 405/406?

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