DAILY TIME FRAME ANALYSIS
-Higher highs Lower Lows(Uptrend channel)
-Price above the 20 SMA.
-Build up formed. Going higher after a pullback.
-Momentum in volume.
-Price Upgrade by the Michael Levine.
Not a financial advice. The chart is based on my own logical point of view.
Comment Below for your Opinions.
I'm sitting here asking myself "how did I miss it!!?" Took a loss on my CALLS in TWTR today and now look at it.
Hopefully others, as well as myself, will learn from this one. Each shaded box represents an hour of the day.
So my entry was based on the 15 min chart. Lost confidence on the pull back and jumped out.
What I should have realized was it was still an...
the daily chart of this market shows with a high probability that it will experience an uptrend in the next few days but at the same time it is better to be vigilant of the change of direction towards the opposite
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Having a go at posting $TWTR again as it looks like a solid long despite market weakness. Tried posting on $TWTR back at $38 but apparently that was deleted by TradingView. Sometimes patience pays off and it seems like we have another entry to a possible multi-year trend line breakout.
$TWTR has strong trend line support since March & has acted rather well when...
Hi everyone, it has been a while, but I am starting to get back into trading. I needed some time to just collect my thoughts and look at trading in a new perspective. So here it is
In short: Twitter is looking bearish
Elliottwave analysis: It seems to me that on the longer term we have finished an a,b,c move, meaning we are headed downwards. If it is a wave one...
Today's breakout was strong and "unchallenged" - comes with a backdrop of strong demand (v.viewer) and bullish sentiment (green area in UTO)
it's a clear comparison versus the 2 prior breakout attempts (yellow circles) where both attempts received headwind from sellers (long wicks in both bars) which didn't happen this time. fingers crossed for the next 2...