Maybe this time is different. I'm back in the 
TWTR long trade, with a small 2.95% stake in it. I think there is a chance to start a rally from here, after the recent daily downtrend time runs out tomorrow. While above the levels in yellow, we could trigger a monthly uptrend, at any time, so, it is a good idea in my opinion to enter prematurely, and see if we gain traction. Perhaps stories about acquisition finally surface, and this time, we do hit our top targets succesfully. Potential monthly upside shown by the red dashed lines on chart, by year end.
Now that even my president usesTWTR for policy announcements, maybe things become more positive for the company.
Cheers,
Ivan Labrie.
TWTR long trade, with a small 2.95% stake in it. I think there is a chance to start a rally from here, after the recent daily downtrend time runs out tomorrow. While above the levels in yellow, we could trigger a monthly uptrend, at any time, so, it is a good idea in my opinion to enter prematurely, and see if we gain traction. Perhaps stories about acquisition finally surface, and this time, we do hit our top targets succesfully. Potential monthly upside shown by the red dashed lines on chart, by year end.Now that even my president uses
TWTR for policy announcements, maybe things become more positive for the company.Cheers,
Ivan Labrie.
Note
TWTR acting strong:s3.amazonaws.com/tradingview/snapshots/e/eQCNRj9i.png
Note
'But a shot in the daaaark, one step away from you' :pSuch a great song...
Oh, this is tradingview, yes, TWTR is acting quite well. Let's see how it goes.
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On track, long term target extended higher, but resistance to the left still valid -see yellow box-
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Trade closed manually
Resistance tagged, either exit or hedge here...selling calls or buying puts for 2-3 months would work.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.