Greetings,
TWTR formed an Inverse H&S pattern, which I interpret as bullish. TWTR is between 20/50 MA, which is a very good time to enter any trade, whether you're LONG or SHORT. TWTR is also in the lower half of the 200D regression channel, which presents an opportunity to go LONG. I'm targeting $75 initially.
Happy Trading
TWTR formed an Inverse H&S pattern, which I interpret as bullish. TWTR is between 20/50 MA, which is a very good time to enter any trade, whether you're LONG or SHORT. TWTR is also in the lower half of the 200D regression channel, which presents an opportunity to go LONG. I'm targeting $75 initially.
Happy Trading
Comment:
Yikes....This idea didn't age well, but....the gap will be filled in the future....if you care to enter.