TWTR trade ideas
TWTR | Rolling over?Twitter rolling, down to horizontal support?
Interesting to note:
(1) downtrend resistance on the RSI and
(2) negative divergence between RSI and Brown Composite Index*
(3) looking back, lots of similar historical price-action compared with now
* Derivative of RSI (and no range-constraint)
Thoughts welcomed.
TWTRThink we could get a big green candle this week if it can get over last week's/today's highs ($48.34). Long.
dead cat bounce Previous reversal failed and turned into a dead cat on the failure of the neckline.
Time to short it back down instead
Twitter Possible break to the upside to fill the gap to $52Twitter
Possible break to the upside to fill the gap to $52
$TWTR Twitter On Alert for move above $45. 20
TWTR is staging a nice recovery from the post earnings dump, but
it has now hit a critical level of resistance.
Alert set for move above gap fill for potential entry- targets to consider.
$46 Major pivot
$47. Daily candle resistance & Old channel trendline
$48 Fibonacci Golden pocket retracement level.
