TASR daily 2For those in the TASR short trade, please note that the first target has now been hit for a 15.5% gain.  Therefore, consider booking partial or full profits and/or lowering your stops to protect gains.  T2 continues to be my preferred swing target but for those new to the site, price reactions (a pause or temporary reversal) are usually expected off the earlier target levels when multiple targets are listed on a trade.

More active, shorter-term traders might target only the first target to book the quick gains and move on to the next trade while most swing traders will often prefer targeting the preferred or final price target(s).  One strategy could also be to book partial profits along the way as each target is hit.  Nimble & experienced traders can often successfully trade around these targets by quickly reversing (from long to short or short to long) off a target when the intraday charts or other short-term metrics confirm that a reaction is likely.  There are many ways to successfully take advantage of these multiple target level but the important thing is to only take a trade and set profit targets and stops that are commensurate with your own unique trading style.