**Value Zone Opportunity**
A starting position of $1000 on
TWTR
, entered at the closing price 34.45 is expected to return anywhere from ~ $1200 - $2650 over the next 50 - 150 days.
The plan is to:
- Have an entry above support at 31.14
- Risk no lower than 32.95
- Make sure 34.99 resistance is reclaimed before attempting 36.2 breakout
- Be mindful of reversals and market conditions
- Watching 15 minute setup to hold form similar to movement today. Despite the bearish market TWTR has held quite well and was late to see a reaction
^^^^ 50 day plan ^^^^
Outside of 50 days we will have to babysit the progress above 36.20. A catalyst will be extremely useful in this gap fill area, we will keep on watch for news and while their competition sees poor performance and lawsuits they might be worth keeping on watch
A starting position of $1000 on
TWTR
, entered at the closing price 34.45 is expected to return anywhere from ~ $1200 - $2650 over the next 50 - 150 days. The plan is to:
- Have an entry above support at 31.14
- Risk no lower than 32.95
- Make sure 34.99 resistance is reclaimed before attempting 36.2 breakout
- Be mindful of reversals and market conditions
- Watching 15 minute setup to hold form similar to movement today. Despite the bearish market TWTR has held quite well and was late to see a reaction
^^^^ 50 day plan ^^^^
Outside of 50 days we will have to babysit the progress above 36.20. A catalyst will be extremely useful in this gap fill area, we will keep on watch for news and while their competition sees poor performance and lawsuits they might be worth keeping on watch