Cabezadeltoro
Long

Cup with Handle Breakout on TWTR Weekly Chart

NYSE:TWTR   Twitter Inc
63 0 1
Recommending a new long on TWTR             (Twitter) based upon a cup with handle pattern possibly breaking out to the upside. To confirm TWTR             also has a rising 20 and 50 period EMA . Both the 20 and 50 have also just crossed the 200 day EMA to the upside.
  • Recommended entry: 51.70 (Buy Stop Limit) with bounds
    Recommended Stop: 45.10 (Sell Stop Market) below last support valley of 3/9/15
    Profit Target: 1.5 to 2 x Risk or greater (traders choice)

This is a momentum trade so do not enter early or jump the gun. We need to see a breakout "thrust" above last weeks high to confim entry. In other words buy high and sell higher. It either has the momentum or it doesn't.

As far as fundamentals I really don't do that much research on fundamentals. I apologize. I am strictly a technical trader and believe that all fundamental information is already reflected in the price of the stock. Please feel free to add fundamental info to this post if needed. Thank You.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out