<?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: US Dollar &#038; Euro Breakouts Looking Good	</title>
	<atom:link href="https://rightsideofthechart.com/us-dollar-euro-breakouts-looking-good/feed/" rel="self" type="application/rss+xml" />
	<link>https://rightsideofthechart.com/us-dollar-euro-breakouts-looking-good/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Mon, 04 Oct 2021 19:26:55 +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/us-dollar-euro-breakouts-looking-good/#comment-21205</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 11 Jan 2021 15:03:13 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=203574#comment-21205</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/us-dollar-euro-breakouts-looking-good/#comment-21204&quot;&gt;virmalo&lt;/a&gt;.

Sure. I had highlighted STNG as a bullish setup in this video on Oct 20th (this link will start at coverage of STNG):  https://youtu.be/AZGaZeWcOQY?t=706

STNG went on to make a couple more additional tags of that &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 which helped to validate it &amp; then broke above it, triggering a buy signal a few weeks later on Nov 9th. STNG backtested the trendline a few days later, providing another objective entry, and never looked back from there with the stock rallying about 37% to hit my 13.80 target on Friday.

In the video, I had stated that was a significant resistance level so I would have been prudent to either book profits on Friday or at least raise stops, if holding out for additional gains. Basically, that 13.80ish level/Friday&#039;s high is still significant resistance so a solid break &amp; close above it should open the door to another leg up in the stock. However, my convictions on the near-term direction of the stock isn&#039;t very high although I favor some consolidation &amp; maybe some more downside in the stock in the near-term (days to weeks).

Quite a few of the trade ideas covered in that video went on to provide some very nice gains including REV, which was covered just before STNG. Just as with STNG, REV went on to breakout &amp; trigger a buy signal just a few weeks later on Nov 9th. REV exploded to the upside the day after the breakout, rallying about 170% on a couple of momentum-fueled overshoots of my 13.63 final target.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/us-dollar-euro-breakouts-looking-good/#comment-21204">virmalo</a>.</p>
<p>Sure. I had highlighted STNG as a bullish setup in this video on Oct 20th (this link will start at coverage of STNG):  <a href="https://youtu.be/AZGaZeWcOQY?t=706" rel="nofollow ugc">https://youtu.be/AZGaZeWcOQY?t=706</a></p>
<p>STNG went on to make a couple more additional tags of that <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 which helped to validate it &#038; then broke above it, triggering a buy signal a few weeks later on Nov 9th. STNG backtested the trendline a few days later, providing another objective entry, and never looked back from there with the stock rallying about 37% to hit my 13.80 target on Friday.</p>
<p>In the video, I had stated that was a significant resistance level so I would have been prudent to either book profits on Friday or at least raise stops, if holding out for additional gains. Basically, that 13.80ish level/Friday&#8217;s high is still significant resistance so a solid break &#038; close above it should open the door to another leg up in the stock. However, my convictions on the near-term direction of the stock isn&#8217;t very high although I favor some consolidation &#038; maybe some more downside in the stock in the near-term (days to weeks).</p>
<p>Quite a few of the trade ideas covered in that video went on to provide some very nice gains including REV, which was covered just before STNG. Just as with STNG, REV went on to breakout &#038; trigger a buy signal just a few weeks later on Nov 9th. REV exploded to the upside the day after the breakout, rallying about 170% on a couple of momentum-fueled overshoots of my 13.63 final target.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: virmalo		</title>
		<link>https://rightsideofthechart.com/us-dollar-euro-breakouts-looking-good/#comment-21204</link>

		<dc:creator><![CDATA[virmalo]]></dc:creator>
		<pubDate>Mon, 11 Jan 2021 09:23:21 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=203574#comment-21204</guid>

					<description><![CDATA[Dear Randy, would you be able to provide your opinion on STNG. It seems to be finding a base.]]></description>
			<content:encoded><![CDATA[<p>Dear Randy, would you be able to provide your opinion on STNG. It seems to be finding a base.</p>
]]></content:encoded>
		
			</item>
	</channel>
</rss>
