Comments on: QQQ Minimum Pullback Target Hit https://rightsideofthechart.com/qqq-minimum-pullback-target-hit/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 19:17:13 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: william9in https://rightsideofthechart.com/qqq-minimum-pullback-target-hit/#comment-20340 Fri, 16 Oct 2020 04:08:36 +0000 https://rightsideofthechart.com/?p=202883#comment-20340 Randy doesn’t look good for going long on QQQ or SPY. What is a good stock to go long? I can’t short my IRA account.

]]> By: becky https://rightsideofthechart.com/qqq-minimum-pullback-target-hit/#comment-20336 Thu, 15 Oct 2020 20:01:47 +0000 https://rightsideofthechart.com/?p=202883#comment-20336 That reversal on /KC! Coffee power!

]]> By: rsotc https://rightsideofthechart.com/qqq-minimum-pullback-target-hit/#comment-20334 Thu, 15 Oct 2020 15:28:36 +0000 https://rightsideofthechart.com/?p=202883#comment-20334 In reply to becky.

I have REED trading in No Man’s Land, smack between the 0.83 support & 1.17 resistance levels.I don’t see much providing me clues as to where the stock goes from here but I will say that the fact the stock has been flirting with & moving below the 1.00 price level recently, especially with a stock market not too far off all-time highs, does not bode well for the stock.
With that being said, I did cover REED as a long trade idea in several videos back in early June & it did rally over 100% since first highlighted in the June 2nd video. However, as if now, I am no longer able to make an objective case to be long (or short) the stock, at least not at this time.

]]> By: rsotc https://rightsideofthechart.com/qqq-minimum-pullback-target-hit/#comment-20333 Thu, 15 Oct 2020 15:15:01 +0000 https://rightsideofthechart.com/?p=202883#comment-20333 Note the rallies that followed drops to the 27ish level on the 60-min. RSI of /NQ (yellow circles). While it doesn’t assure it, this current drop to the 27ish level increases the odds of a tradable bounce off this drop to support/min.price target on QQQ.

]]> By: becky https://rightsideofthechart.com/qqq-minimum-pullback-target-hit/#comment-20330 Thu, 15 Oct 2020 14:06:27 +0000 https://rightsideofthechart.com/?p=202883#comment-20330 Anyone eyeing REED? Divergences form and PPO is slowly crawling back above zero. Is it recession proof?

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