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Chart Request : Twitter - A Longer Term ViewThis is a monthly chart of TWTR . The last candle on this chart is the January candle. January is only half way over so this candle will change from here. This idea is based on the candle that exists on this chart. I have no way of knowing what the January candle will look like at the end of January 2016... TWTR saw its highest stock price in December of 2013, just after its IPO. TWTR is now experiencing it lowest stock price. If you ever bought TWTR stock and are still holding it, you are losing money. The first thing I will point out about this chart is there is no green uptrend line. Which means there is no uptrend over the long term... You should not invest in stocks that have a chart with no uptrend lines. If you can draw an uptrend line, you should only stay in the stock if the price stays above that uptrend line. Some say TWTR and FB are "similar" companies. Weather you believe that statement or not isn't important. But lets remember that FB also had a tough time beginning its green uptrend line. In fact it took about 13 months after the IPO for a long term uptrend line to begin. Looking back, it wasn't hard to see. But I will admit that I too missed the beginning of the uptrend and lost out on some profits. Which just confirms the reality that catching a turn around is pretty difficult. In order to catch a turn around in a stock you have to take chances and you have to be nimble. You have to be willing to get out of the stock if it doesn't react the way you want it to. For instance, if you bought TWTR on Tuesday with the expectation it will not drop below this month's low of $17.27, then you are agreeing to sell if you are wrong. If you are that nimble (most people are not) then give it a shot whenever you think the time is right. Personally, I will not try to catch TWTR at its low, I will wait to see if there are ever two candles in a row with higher highs and higher lows. I would not worry about catching the bottom. I would worry about catching the uptrend when it shows itself. If TWTR is going to go higher in the long term, it has to get above DT 2. After DT 2, it will have to get above any horizontal "Resistance becomes Support" lines and DT 1. You just have to watch the chart and see where the candles are going. At the moment, I don't see any reason for a long term investor to be invested in TWTR. Thanks for the chart request. I hope this chart and explanation helps.
NYSE:TWTR
by TheTrendLineInvestor
Short on US30 SELL SELL SELL !!!I personally have been short on this pair since December :) Okay some may see this as a crazy setup but i believe US30 setup will fall to around 7000 in the next year or so There are many reasons for this setup Fundamentals and technicals FUNDAMENTALS - jubilee year ? - shemitah Year ? - every 8 years a financial crisis - FED raising rates to signify economy in a recession - The possibility of QE4 ? - A possible world disaster ? i can keep going on in regards to such things but ill keep it short TECHNICALS - Price has hit a all time high and after the US30 booming for around 8 Years isit time for a change ? - Price found strong KEY LEVEL (RES) at 18000 - Price is now down trending - Price has put in lower high and lower lows - Price has broken many key Trendlines - Also price is on the verge of breaking a key level (SUP) at 16000 - If price breaks that key level we will possibly see a huge drop to the downside I can go on abit more too but i am sure you all get the idea i am portraying i do believe and confident of the drop too 8000/7000 :) so here we come 8000 POINTS PROFIT ;)
FX:US30Short
by ARFXC
12
EURJPY shortHello everyone, i will be posting here my ideas so i can keep track of them. Why i dont publish in private? Because i am open to any suggestion, so if anyone wants to tell me something about the idea, i will be glad to read what he or she has to tell me ! Here i am looking for a short in eurjpy weekly. wich seems to be in a very corrective structure at the moment. When the corrective structure is finished, i will be expecting another impulse down that should go below the previous low of the impulse down ( in the best scenario ) I will list below a few reasons to short now : • First: price seems to have bounced of the .618 fib level • Second: price stopped at weekly trendline. • Third:in ichimoku we can see price below kumo, and recently bounced off from it. recent tenkan kijun crossover •Fourth: Thight stop, if this setup is wrong, we have a tight stop in relation to the possible target i will list below a few reasons to not short now : • First: Stoch oversold and crossing up. Any suggestion will be welcome. Thanks for reading.
Short
by Akkard