Comments on: PFBC Preferred Bank LA Trade Idea 2-12-26 https://rightsideofthechart.com/pfbc-preferred-bank-la-trade-idea-2-12-26/ Stock Trading, Investing & Market Analysis Thu, 12 Feb 2026 18:39:04 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/pfbc-preferred-bank-la-trade-idea-2-12-26/#comment-37994 Thu, 12 Feb 2026 18:39:04 +0000 https://rightsideofthechart.com/?p=219343#comment-37994 In reply to jmccallum.

No change in the technical posture (still within the multi-month trading ranges) nor my outlook (still expecting a downside break below the ranges (Oct 10th & Nov 20/21 lows, which is also T1 on the QQQ swing trade based on the daily chart) followed by a drop to T2 on the daily chart of QQQ.

Remember, other than just outright being on the wrong side of a trend when using leveraged ETFs, the next worst time to hold them is during a sloppy back-and-forth trading range with a lot of red & green closes, as that’s when the decay from the leverage ETFs really works against the position.

Best to be SHORT the leveraged version in that is positioned the opposite way you think the underlying is headed, as that way the decay works for you, not against you.

]]> By: @GEOTRDR https://rightsideofthechart.com/pfbc-preferred-bank-la-trade-idea-2-12-26/#comment-37993 Thu, 12 Feb 2026 16:24:52 +0000 https://rightsideofthechart.com/?p=219343#comment-37993 Bought puts ystdy, just sold…..

]]> By: jmccallum https://rightsideofthechart.com/pfbc-preferred-bank-la-trade-idea-2-12-26/#comment-37992 Thu, 12 Feb 2026 16:13:07 +0000 https://rightsideofthechart.com/?p=219343#comment-37992 Randy, any thoughts about indexes here? i’ve got lots of puts on leveraged etfs waiting in the balance.

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