Comments on: /NQ QQQ Coming Up On Pullback Target

By: HermonMunster

HermonMunster — Wed, 25 Jan 2023 20:39:34 +0000

In reply to HermonMunster. sold for about 6% gain on the day trade.

By: rsotc

rsotc — Wed, 25 Jan 2023 19:36:42 +0000

In reply to KevinK. Thx for the feedback, will do my best to convey the level of my conviction on trades going fwd, esp. those with a very high level of conviction. Posted a reply to my first comment in this thread that my bounce target was just hit & I reversed back into a short for a quick (and even more shallow) pullback trade.

By: rsotc

rsotc — Wed, 25 Jan 2023 19:29:09 +0000

In reply to rsotc. /NQ bounce target hit, closed longs & reversed to short for a quick pullback trade

By: HermonMunster

HermonMunster — Wed, 25 Jan 2023 18:29:30 +0000

Good call on the reversal. Purchased TQQQ and have a 4% gain locked in with a stop. Should be a quick, minimal risk trade

By: KevinK

KevinK — Wed, 25 Jan 2023 17:27:16 +0000

Spit the difference…11600…close enough

Randy, thanks for the early heads up on the reversal.
That was a home run.
Also loved it when you said you gave it a “north of 90% chance of a reversal”.
Really like it when you put in your conviction on a trade.
Keep up the great work….greatly appreciated.

By: thebeagle55

thebeagle55 — Wed, 25 Jan 2023 15:05:41 +0000

In reply to rsotc. looks more like the 11560 area for support

By: rsotc

rsotc — Wed, 25 Jan 2023 14:35:34 +0000

/NQ 11655 target hit, hard reverse (cover short & go long for quick bounce)