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TWX

TWX - Finding the reversal areasThere is always much to learn. Something I have learned very important from Shane was, to observe what's going on, how price behave and what it does where. Lot's of questions to ask. I drew the two narrow resistance lines about 1 month ago, just to observe once more, how price will react on them. Isn't it amazing? To catch such zones, one may ask the chart: - where is something important? - what did it to the old structures? - context? - did it break hard, slow and where is the close? ...of course, there is much more you can ask the chart to find out more. And if the people around you think you are going nuts, then you know that you are in the perfect synch with the market by talking to it to gather important information. ;-) P! - no, I did not tradet it blindly. But now i have a handle to trade it...let's observe.
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by Tr8dingN3rd
Time 4 TIMES WARNER $TWX Time Warner Buys 10% Stake in Hulu for $583 Million Times warner's last try to survive in the market. But it will fail too. How? Look at the cart. The move from the 2016 Feb low from $50s range is about to come an end. It may go higher but not too much as the technical are diverging and shows weakness. It also failed to take out the recent previous high $79 area even after such a good news. Once the triangle patterns finishes it will be a good candidate to short and look for below $50 area or much lower. www.wsj.com
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by sum1