Comments on: Revising Stop On QQQ Swing Trade https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/ Stock Trading, Investing & Market Analysis Wed, 01 Apr 2020 17:06:52 +0000 hourly 1 https://wordpress.org/?v=7.0.1 By: Ken https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14982 Wed, 01 Apr 2020 17:06:52 +0000 https://rightsideofthechart.com/?p=199111#comment-14982 In reply to stockninja.

Now my target is 1850-1860 with 1839 on the very low end… assuming it closes below 1900

]]> By: Ken https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14981 Wed, 01 Apr 2020 16:57:47 +0000 https://rightsideofthechart.com/?p=199111#comment-14981 In reply to stockninja.

Thanks

]]> By: stockninja https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14980 Wed, 01 Apr 2020 16:55:16 +0000 https://rightsideofthechart.com/?p=199111#comment-14980 In reply to Ken.

@ken great call on AMZN

]]> By: Ken https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14895 Tue, 31 Mar 2020 17:37:29 +0000 https://rightsideofthechart.com/?p=199111#comment-14895 In reply to stockninja.

I think we will see low 1900s on AMZN by Friday… just my opinion!

]]> By: cityseeker https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14894 Tue, 31 Mar 2020 17:34:10 +0000 https://rightsideofthechart.com/?p=199111#comment-14894 In reply to stockninja.

Shorting amz you got balls

]]> By: stockninja https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14893 Tue, 31 Mar 2020 17:32:01 +0000 https://rightsideofthechart.com/?p=199111#comment-14893 In reply to stockninja.

Now that we got the reversal, can someone tell AMZN that its okay to go down;)

]]> By: gthompson333 https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14883 Tue, 31 Mar 2020 15:57:22 +0000 https://rightsideofthechart.com/?p=199111#comment-14883 I’m wondering if being the last day of the month and quarter, might have something to do with this market still holding up.

Is it possible, the hedge fund managers will dump the market today, during after hours, to lock profits?

]]> By: mattyp https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14882 Tue, 31 Mar 2020 15:56:53 +0000 https://rightsideofthechart.com/?p=199111#comment-14882 In reply to mattyp.

Plus you have every central banks in the world injecting trillion of dollars trying to keep the market afloat. I don’t believe it will be a swift down movement from here on out. It may play out several months.

]]> By: PGA Jim https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14881 Tue, 31 Mar 2020 15:56:42 +0000 https://rightsideofthechart.com/?p=199111#comment-14881 In reply to gmatache.

Nice Chart!

]]> By: mattyp https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14879 Tue, 31 Mar 2020 15:53:20 +0000 https://rightsideofthechart.com/?p=199111#comment-14879 In reply to stockninja.

Maybe after the pension fund rebalance? Today is the last day of the month.

]]> By: stockninja https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14878 Tue, 31 Mar 2020 15:46:33 +0000 https://rightsideofthechart.com/?p=199111#comment-14878 Not a bear, not a bull, as I play the market either way but really dont know what is holding this market up? What will be the catalyst for the move down? Hmm…..

]]> By: gmatache https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14876 Tue, 31 Mar 2020 15:20:12 +0000 https://rightsideofthechart.com/?p=199111#comment-14876 This is getting squeezed in a triangle between the trend line and the resistance line and it should resolve one way or another within 1 – 2 hours.
My hope is that the resistance will be reinforced by the approaching 200 MA line. If that falls, the resistance falls and the divergence gets erased. That would be pretty bullish, IMO.

]]> By: TJS https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14874 Tue, 31 Mar 2020 15:08:02 +0000 https://rightsideofthechart.com/?p=199111#comment-14874 In reply to jzero0000.

Sort of, take the percentage delta from Randy’s QQQ trade like hubert mentions, but then mulitply by 3 to get the delta for SQQQ as it is a 3X leverage fund.

]]> By: hubert.navero https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14873 Tue, 31 Mar 2020 15:05:01 +0000 https://rightsideofthechart.com/?p=199111#comment-14873 In reply to jzero0000.

Take the percentage delta from Randy’s trade (between SL and entry) and apply it to SQQQ

]]> By: TJS https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14872 Tue, 31 Mar 2020 15:02:58 +0000 https://rightsideofthechart.com/?p=199111#comment-14872 In reply to jzero0000.

I originally set my SQQQ stop at 18.11. But due to this post I set it lower to let this run a little more if it needs to.

]]> By: jzero0000 https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14871 Tue, 31 Mar 2020 14:57:44 +0000 https://rightsideofthechart.com/?p=199111#comment-14871 What stop would you suggest for SQQQ?

]]> By: mlannoch https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14870 Tue, 31 Mar 2020 14:51:43 +0000 https://rightsideofthechart.com/?p=199111#comment-14870 Looks like NQ and QQQ retesting that uptrend line but volume is still low. Randy’s divergences still very much intact. Looks like a classic morning pump fake to get more FOMO traders into the “new bull market”. I’m going to average down on this position.

]]> By: sunfmin https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14868 Tue, 31 Mar 2020 14:47:14 +0000 https://rightsideofthechart.com/?p=199111#comment-14868 Is it means remove today’s stop and set tomorrow’s stop to today’s close if close higher than 195.68?

]]> By: Nana https://rightsideofthechart.com/revising-stop-on-qqq-swing-trade/#comment-14866 Tue, 31 Mar 2020 14:40:10 +0000 https://rightsideofthechart.com/?p=199111#comment-14866 @rsotc Thanks Randy. That helps…

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