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	Comments on: Revising Final Price Target On USO Crude Oil ETN	</title>
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	<link>https://rightsideofthechart.com/revising-final-price-target-on-uso-crude-oil-etn/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Thu, 20 Feb 2020 17:13:43 +0000</lastBuildDate>
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		<title>
		By: Tim Hartmann		</title>
		<link>https://rightsideofthechart.com/revising-final-price-target-on-uso-crude-oil-etn/#comment-9794</link>

		<dc:creator><![CDATA[Tim Hartmann]]></dc:creator>
		<pubDate>Thu, 20 Feb 2020 17:13:43 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195903#comment-9794</guid>

					<description><![CDATA[Nice small trade on USO. This is my first trade with you as a new subscriber and could not be more pleased. All my knowledge, coupled with you looking over my shoulder was encouraging. Thanks]]></description>
			<content:encoded><![CDATA[<p>Nice small trade on USO. This is my first trade with you as a new subscriber and could not be more pleased. All my knowledge, coupled with you looking over my shoulder was encouraging. Thanks</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/revising-final-price-target-on-uso-crude-oil-etn/#comment-9791</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 20 Feb 2020 16:44:29 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195903#comment-9791</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/revising-final-price-target-on-uso-crude-oil-etn/#comment-9789&quot;&gt;nostaticatall&lt;/a&gt;.

Congrats so far. I also reversed to a short on /CL after closing out the long around the time I sent out this post &amp; will use a flexible trading plan for now (i.e.- pullback target(s) &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;To Be Determined&#039;&gt;TBD&lt;/abbr&gt;) although I suspect the first decent &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.&#039;&gt;reaction&lt;/abbr&gt; will come in around 53.50 - 53.40 on /CL with the potential for drop all the way back to the key 52.50ish support (former resistance), especially if the stock market starts to correct. Best of luck on the trade!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/revising-final-price-target-on-uso-crude-oil-etn/#comment-9789">nostaticatall</a>.</p>
<p>Congrats so far. I also reversed to a short on /CL after closing out the long around the time I sent out this post &#038; will use a flexible trading plan for now (i.e.- pullback target(s) <abbr class='c2c-text-hover' title='To Be Determined'>TBD</abbr>) although I suspect the first decent <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr> will come in around 53.50 &#8211; 53.40 on /CL with the potential for drop all the way back to the key 52.50ish support (former resistance), especially if the stock market starts to correct. Best of luck on the trade!</p>
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		<title>
		By: nostaticatall		</title>
		<link>https://rightsideofthechart.com/revising-final-price-target-on-uso-crude-oil-etn/#comment-9789</link>

		<dc:creator><![CDATA[nostaticatall]]></dc:creator>
		<pubDate>Thu, 20 Feb 2020 15:57:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195903#comment-9789</guid>

					<description><![CDATA[Nice call on crude. I went a little short to play the pullback.]]></description>
			<content:encoded><![CDATA[<p>Nice call on crude. I went a little short to play the pullback.</p>
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