marketstrats

marketstrats

First target 12, second target 14. Needs to break 10 to get going.

marketstrats

New NYSE 52 week highs showing highest reading since October 2013 too.

marketstrats

Could this go down more and make a new low? Of course! But if you are still short, you are just asking to get squeezed here.

marketstrats

Also over 20 SMA ... 50 SMA flattening out.

marketstrats

Long from 14.22 with 2 months to play until next earnings call

marketstrats

Position trade in IRA here from beginning of month at 50.62.

marketstrats

Still think we could see a retest of $100.

marketstrats

It is clear what needs to happen here. Twitter needs to break this trendline to the upper right. Every time it has gotten close in the past, they reported more disappointing news on their earnings call and caused more of a breakdown. Finally, a bottom might be in. Time and price will tell. Lower low by 1 penny on the latest bottom causing a slight bullish RSI divergence.

marketstrats

A break to the upside could give us a higher high, which opens the door to all time highs

marketstrats

Won't be easy but bearish sentiment at extreme levels. Multiple resistances above: inside trend line dating back to beginning of 2015, gap from earnings, and declining 20/50 MAs.

marketstrats

Trying to decide whether to buy it in my IRA, in my trading account, or both

marketstrats

Couple dollar dip at the open and I'm a buyer

marketstrats

Some sideways consolidation wouldn't be a bad thing though

marketstrats

Back to market leader status with $GOOGL and $NFLX down

marketstrats

Buyer around 34.50. Careful of gaps in this thing. Know your risk.

marketstrats

50 day moving average looking to meet price and key support level in coming days. Earnings should be interesting after 1 day delay announced.

marketstrats

I think we could see 45.50 sooner than later

marketstrats

Nice R/R here. @allstarcharts has a great blog post on XLF poised to outperform over intermediate time frame.