TWTR: Potential long term long entry

By IvanLabrie
Updated
TWTR is offering a very interesting long setup here. We can enter longs at market open, with a 10% stop loss, and aim for the 21.04 mark, or potentially higher, in case of a M&A event in the future. TWTR has attractive fundamentals, and a good valuation here, so I think it's a good stock for your portfolio, to avoid being net short at this point (see related ideas).
I'm also short NFLX, MSFT, long NKE and CUBI, and will enter X and V shorts tomorrow. Good luck!

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Ivan Labrie

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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.57% on such information.

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Looking good.
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If we don't break this price level today I'd worry of a retracement.
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*16.50
Trade closed manually
Taking partial profits here is ok, it still looks good overall.
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s3.amazonaws.com/tradingview/snapshots/p/PflSeenc.png

The uptrend timer expires by the 27th, by when we might see a pullback to support.
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Great recovery in TWTR. Watch it this week. New quarter will bring interesting events for sure. I'd trail stops using a moving average or some other trailing technique, personally.
Trade closed manually
rgmovtimeatmodeTWTR
IvanLabrie
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