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SheepTrades
Jun 7, 2021 2:26 AM

TWTR How I want to trade this Short

Twitter, Inc.NYSE

Description

I see the old support between 62-63 becoming resistance.

Ideally I want to be long from the current $59 until the above levels and then initiate a short position from there.

I still think the market has peaked as there are more reasons for the market to correct than to continue higher. Inflation, supply issues, fed tapering, interest rates rising, a new global 15% tax, etc. etc. It feels to me that the market has made up its mind to go lower and is just waiting for the "news" to go off of.

Comments
664e90748f374a62a08bdfb4293e3f
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