<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	
	>
<channel>
	<title>
	Comments on: UPS Final Price Target Hit 10-24-24	</title>
	<atom:link href="https://rightsideofthechart.com/ups-final-price-target-hit-10-24-24/feed/" rel="self" type="application/rss+xml" />
	<link>https://rightsideofthechart.com/ups-final-price-target-hit-10-24-24/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Thu, 24 Oct 2024 13:58:54 +0000</lastBuildDate>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>
	<item>
		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/ups-final-price-target-hit-10-24-24/#comment-33953</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 24 Oct 2024 13:58:54 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=215616#comment-33953</guid>

					<description><![CDATA[FYI- I corrected the typo in the first sentence from the post above to read ...&quot;GTC sell&quot; limit orders... I had mistakenly typed &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Buy-To-Cover; an order to close out a short position&#039;&gt;BTC&lt;/abbr&gt; (buy-to-cover) instead of GTC (good-to-cancel).

Although this should go without saying, when swing trading, you will typically entry a sell limit order(s) at your price target(s) for long trades, using the GTC condition so the order remains open until the price target is hit. (best paired with a stop loss order using a OCO or OCA order).

A sell limit order will be filled at or better (never worse/below) than the limit price once that price level is reached or exceeded. When a stock gaps above your sell limit order, as UPS did today, limit orders are filled at the limit price, or better, never below it. In the case of a gap, no trades took place on or around the &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line today so any standing limit orders around that level would be been filled at the open today.]]></description>
			<content:encoded><![CDATA[<p>FYI- I corrected the typo in the first sentence from the post above to read &#8230;&#8221;GTC sell&#8221; limit orders&#8230; I had mistakenly typed <abbr class='c2c-text-hover' title='Buy-To-Cover; an order to close out a short position'>BTC</abbr> (buy-to-cover) instead of GTC (good-to-cancel).</p>
<p>Although this should go without saying, when swing trading, you will typically entry a sell limit order(s) at your price target(s) for long trades, using the GTC condition so the order remains open until the price target is hit. (best paired with a stop loss order using a OCO or OCA order).</p>
<p>A sell limit order will be filled at or better (never worse/below) than the limit price once that price level is reached or exceeded. When a stock gaps above your sell limit order, as UPS did today, limit orders are filled at the limit price, or better, never below it. In the case of a gap, no trades took place on or around the <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line today so any standing limit orders around that level would be been filled at the open today.</p>
]]></content:encoded>
		
			</item>
	</channel>
</rss>
