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	Comments on: QQQ First Price Target Hit For 14% Profit	</title>
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	<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: puiwahlui		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-14224</link>

		<dc:creator><![CDATA[puiwahlui]]></dc:creator>
		<pubDate>Sat, 14 Mar 2020 21:51:24 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=196347#comment-14224</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10319&quot;&gt;rsotc&lt;/a&gt;.

&lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt;: still trying to navigate and follow your official trades correctly.  Do you actually post somewhere, once an official trade is closed and considered completed?  Or is that assumed, once &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;First Profit Target&#039;&gt;T1&lt;/abbr&gt; is hit?  For the recent (or current) QQQ official short trade, was it here?  &quot;The QQQ (Nasdaq 100 ETF) active short trade has hit the first target, T1 at 182.50, for a 14.1% profit&quot; or  &quot;Reversed my /NQ shorts to longs at that 7357 support with bounce target(s) &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;To Be Determined&#039;&gt;TBD&lt;/abbr&gt;.&quot;]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10319">rsotc</a>.</p>
<p><a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a>: still trying to navigate and follow your official trades correctly.  Do you actually post somewhere, once an official trade is closed and considered completed?  Or is that assumed, once <abbr class='c2c-text-hover' title='First Profit Target'>T1</abbr> is hit?  For the recent (or current) QQQ official short trade, was it here?  &#8220;The QQQ (Nasdaq 100 ETF) active short trade has hit the first target, T1 at 182.50, for a 14.1% profit&#8221; or  &#8220;Reversed my /NQ shorts to longs at that 7357 support with bounce target(s) <abbr class='c2c-text-hover' title='To Be Determined'>TBD</abbr>.&#8221;</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10319</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 12 Mar 2020 17:57:39 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=196347#comment-10319</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10313&quot;&gt;Shark friend&lt;/a&gt;.

For those still short the QQQ official short trade as a trend trade, willing to ride out any potentially significant counter-trend rallies with the intention of capturing a more downside (&lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Second Profit Target&#039;&gt;T2&lt;/abbr&gt; or beyond) in the coming days, weeks or months, I would consider lowering stops down to at least 205 or below at this point.

 Regarding my personal long trade mentioned here earlier, I&#039;ve already been in &amp; out of /NQ long &amp; short several times today. Back long now and I&#039;m essentially reading the tape right now with mental (not hard) stops below the 7330 area which is (so far) support on the 1 &amp; 2-minute charts from the intraday &quot;momentum-fueled overshoots&quot; of that key 7350ish support + Fib level on the /NQ daily chart. I&#039;m also considering going flat today to sit back &amp; watch how the futures trade tonight &amp; into tomorrow. All depends on what I see today.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10313">Shark friend</a>.</p>
<p>For those still short the QQQ official short trade as a trend trade, willing to ride out any potentially significant counter-trend rallies with the intention of capturing a more downside (<abbr class='c2c-text-hover' title='Second Profit Target'>T2</abbr> or beyond) in the coming days, weeks or months, I would consider lowering stops down to at least 205 or below at this point.</p>
<p> Regarding my personal long trade mentioned here earlier, I&#8217;ve already been in &#038; out of /NQ long &#038; short several times today. Back long now and I&#8217;m essentially reading the tape right now with mental (not hard) stops below the 7330 area which is (so far) support on the 1 &#038; 2-minute charts from the intraday &#8220;momentum-fueled overshoots&#8221; of that key 7350ish support + Fib level on the /NQ daily chart. I&#8217;m also considering going flat today to sit back &#038; watch how the futures trade tonight &#038; into tomorrow. All depends on what I see today.</p>
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		<title>
		By: Shark friend		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10313</link>

		<dc:creator><![CDATA[Shark friend]]></dc:creator>
		<pubDate>Thu, 12 Mar 2020 15:56:13 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=196347#comment-10313</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10300&quot;&gt;rsotc&lt;/a&gt;.

What stop loss level have you set for this trade? &lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt;]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10300">rsotc</a>.</p>
<p>What stop loss level have you set for this trade? <a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a></p>
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		<title>
		By: Manuj		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10304</link>

		<dc:creator><![CDATA[Manuj]]></dc:creator>
		<pubDate>Thu, 12 Mar 2020 14:22:27 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=196347#comment-10304</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10300&quot;&gt;rsotc&lt;/a&gt;.

Stop loss @rsotc?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10300">rsotc</a>.</p>
<p>Stop loss @rsotc?</p>
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		<title>
		By: aspen		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10303</link>

		<dc:creator><![CDATA[aspen]]></dc:creator>
		<pubDate>Thu, 12 Mar 2020 14:19:46 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=196347#comment-10303</guid>

					<description><![CDATA[Thanks Randy,]]></description>
			<content:encoded><![CDATA[<p>Thanks Randy,</p>
]]></content:encoded>
		
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		<title>
		By: Nana		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10302</link>

		<dc:creator><![CDATA[Nana]]></dc:creator>
		<pubDate>Thu, 12 Mar 2020 14:19:00 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10300&quot;&gt;rsotc&lt;/a&gt;.

Thanks Randy..]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10300">rsotc</a>.</p>
<p>Thanks Randy..</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: Nana		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10301</link>

		<dc:creator><![CDATA[Nana]]></dc:creator>
		<pubDate>Thu, 12 Mar 2020 14:17:58 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=196347#comment-10301</guid>

					<description><![CDATA[&lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt; ...TOday If you can keep posting frequently will help us..Thanks]]></description>
			<content:encoded><![CDATA[<p><a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a> &#8230;TOday If you can keep posting frequently will help us..Thanks</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/qqq-first-price-target-hit-for-14-profit/#comment-10300</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 12 Mar 2020 14:12:21 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=196347#comment-10300</guid>

					<description><![CDATA[In my haste to get this post published asap, I had left out the /NQ chart which I have since added to the post above. Reversed my /NQ shorts to longs at that 7357 support with bounce target(s) &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;To Be Determined&#039;&gt;TBD&lt;/abbr&gt;.]]></description>
			<content:encoded><![CDATA[<p>In my haste to get this post published asap, I had left out the /NQ chart which I have since added to the post above. Reversed my /NQ shorts to longs at that 7357 support with bounce target(s) <abbr class='c2c-text-hover' title='To Be Determined'>TBD</abbr>.</p>
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