A really nice divergence there with a reversal candle rejecting the top channel line. if the santa rally won't take this higher, we can see a nice drop. first target is the daily 50MA.
TWTR's rally has driven its price to the PRZ of a daily bearish pattern. Potential pullback towards 20$, 18$
... for a .49/contract credit (late post). Finally catching up with some of last week's trades ... . Relatively high implied volatility after earnings (currently at 44%), going small, defined, since I'd rather keep dry powder on for something sexier (which there hasn't been much of here). Will shoot for 50% max on this little fella ... .
long term up short term up my point of view profit arena near 23.8 stop at 19.6
TWTR rallied 2 days in a row after its 3Q result. I'm not trying to pick the top, this trade is more for a long position to take profit than opening a short position. There is a daily bat pattern in front of the 24 fig, which probably has lots of sell limit order there. If there is a reversal sign near 24, I believe it's a good idea for the bull to take some profit!
TWTR rallied from a daily support zone (MA lines and structure) TWTR broke above a weekly structure zone TWTR is facing a daily resistance zone Near 23$ TWTR will complete a bearish Gartley.
STX announces earnings tomorrow before market open, so any play would be on high post-announcement volatility afterglow. The November 17th 32/38 short strangle is paying 1.47 at the mid with break evens at 30.53 and 39.47 with its defined risk counterpart, the 29/32/38/41 iron condor paying .99 with break evens at 31 and 39. AMD announces on 10/24 (Tuesday)...
Recent run-up in $TWTR into earnings coming this Thursday seems to project a bull target of approx. $22.
$TWTR - breaking through long term resistance level of $19.80 on strong volume. ER later this month.
Should be some clear trades on TWTR. I'm going to trade the potential channel; the break of support or resistance. I hold a lot of swing trades but TWTR will be day trades. It will be important to use the lower time frames to get the entry and exit.
All-time daily chart showing a clearly negative trend since the IPO. TWTR still has plenty of work ahead if it wants to change the momentum. Note the converging trend lines - and that TWTR has never sustained a bullish crossover of its 50 and 200 d sma
Maybe this time is different. I'm back in the $TWTR long trade, with a small 2.95% stake in it. I think there is a chance to start a rally from here, after the recent daily downtrend time runs out tomorrow. While above the levels in yellow, we could trigger a monthly uptrend, at any time, so, it is a good idea in my opinion to enter prematurely, and see if we gain...
I believe the much awaited move is now underway
TWTR looks like making another advance. Moneyflow is very strong. We think it has good upside potential. For entry we would look for a slight pull back or break of recent high. * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $19.35 or Pull back around $18.87 Exit Target Criteria- 1st Target...
after 30% increase, it seems that it would be a small healthy correction before rising up. and also the saying: "sell in may and go away". It is worth seeing the post: charts.stocktwits.com
Should be time for a corrective wave sooner rather than later