Try to have 3 reasons before initiating a trade. for NYSE:TWTR by christopherbrecher

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TSLA's failed breakout and major overhead resistance were signs to short TWTR . But I had to wait for a 3RD reason. The ATR sell stop tipped the scales. Also, 90 percent bullish sentiment on StockTwits didn't hurt the bear case either.

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about TSLA

Interesting. Where do you get the ATR trend line from?

2use

yes, where do you get the ATR?

Excellent advice.

Barker

i don't think it is an excellent advice :)
he should mention entry point after closing above the resistance.