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	Comments on: QQQ Final &#8220;Near-term&#8221; Price Target Hit, Covering All Shorts	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: MichelMayer		</title>
		<link>https://rightsideofthechart.com/qqq-final-near-term-price-target-hit-covering-all-shorts/#comment-24652</link>

		<dc:creator><![CDATA[MichelMayer]]></dc:creator>
		<pubDate>Mon, 29 Aug 2022 14:26:09 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=208977#comment-24652</guid>

					<description><![CDATA[Great analysis this morning Randy, very appreciate, merci]]></description>
			<content:encoded><![CDATA[<p>Great analysis this morning Randy, very appreciate, merci</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/qqq-final-near-term-price-target-hit-covering-all-shorts/#comment-24651</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 29 Aug 2022 13:23:39 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=208977#comment-24651</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-final-near-term-price-target-hit-covering-all-shorts/#comment-24650&quot;&gt;toddabauer&lt;/a&gt;.

I covered all shorts &amp; reversed most to longs with room to add. Really like to see that 60m bear flag on /NG foiled or at least a breakdown below it followed by a reversal back above it (bear trap) but will also add if the flag is foilded. &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.&#039;&gt;R/R&lt;/abbr&gt; favors being long right now &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;In My Opinion&#039;&gt;IMO&lt;/abbr&gt; so I will build on those positions on both strenght or weakness.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-final-near-term-price-target-hit-covering-all-shorts/#comment-24650">toddabauer</a>.</p>
<p>I covered all shorts &#038; reversed most to longs with room to add. Really like to see that 60m bear flag on /NG foiled or at least a breakdown below it followed by a reversal back above it (bear trap) but will also add if the flag is foilded. <abbr class='c2c-text-hover' title='Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.'>R/R</abbr> favors being long right now <abbr class='c2c-text-hover' title='In My Opinion'>IMO</abbr> so I will build on those positions on both strenght or weakness.</p>
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		<title>
		By: toddabauer		</title>
		<link>https://rightsideofthechart.com/qqq-final-near-term-price-target-hit-covering-all-shorts/#comment-24650</link>

		<dc:creator><![CDATA[toddabauer]]></dc:creator>
		<pubDate>Mon, 29 Aug 2022 13:11:02 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=208977#comment-24650</guid>

					<description><![CDATA[So your covering shorts the waiting to see?  or did you cover and go long?]]></description>
			<content:encoded><![CDATA[<p>So your covering shorts the waiting to see?  or did you cover and go long?</p>
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