Last Friday I published a Follow-Up to my original Buy recommendation of TWTR. I recommended putting in GTC Buy orders @18.85. If you followed my recommendation you would have been filled this morning. TWTR is already showing nice strength in today's weak market. Sit back and have a relaxing beverage as you are now on board for a ride to at least the 28-30 area. There is some resistance @22 and various points above but should work it's way higher over the days & weeks to come.
Comments
chartsmaster
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Your comment seems bullish long term? I am bullish short & medium term. What is the point of your comment?
GoOptionsPro
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Technicals is one thing.. but TWTR user base and activity is worth something to somebody.... In Next year CALL LEAPS....
tradergino
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Sorry, I don't see " nice strength in today's weak market." In fact, TWTR is now a short having failed two prior resistance points- back in October of 2015 ( No.1, and a-56.% decline, End of February 2016 (No.2 and a -32.3% decline). Of course, a takeover would negate everything but that hasn't happened and maybe never will...
chartsmaster
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Might want to reassess how you read charts. TWTR was a short but has since bottomed and reversed. It will see 5 points higher (24) before it sees 5 points lower(14). It would have to break 14 to continue being a short.
tradergino
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Let me first say that I stood by my thesis/analysis by buying a long put on 8/18. I closed the position today with TWTR down -2.41% (as of this writing). I am a short-term trader so perhaps I should have been clearer as to my rationale for shorting. Secondly, it is ok to have a contrary opinion/analysis- that's what makes markets. But to imply " I need to reasses" my chart reading is a little condescending. Good luck with your long if you even have a position.
Finalepiphany
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you are nothing but a scrub so stop pretending you know anything at all about long term charting patterns. Take your 5 cents and leave, lol