Twitter $TWTR is Strong on a Near Term, Midterm, and Longterm Basis, Shown in Charts and Graphs
Twitter (NASDAQ: TWTR) is Strong on a Near Term, Midterm, and Longterm Basis, Shown in Charts and Graphs below. Important: check thedate of this report and update the report as needed; data changes over time.
Review the Trading Plans:
Long Term Trading Plans for TWTR
June 6, 2018, 12:25 pm ET
The technical Summary and associated Trading Plans for TWTR listed below will help you make important timing decisions for your trades. This data is based on our proprietary analysis for TWTR. In addition we offer Market Timing Models and Stock Filters in the links above which may increase the proficiency of the decisions you make.
TWTR - (Long) Support Plan
Buy over 35.59 target 41.46 stop loss @ 35.33.
The technical summary data tells us to buy TWTR near 35.59 with an upside target of 41.46. This data also tells us to set a stop loss @ 35.33 to protect against excessive loss in case the stock begins to move against the trade. 35.59 is the first level of support below 40.01 , and by rule, any test of support is a buy signal. In this case, support 35.59 is being tested, a buy signal would exist.
TWTR - (Short) Resistance Plan
Short under 41.46 target 35.59 stop loss @ 41.72
The technical summary data is suggesting a short of TWTR as it gets near 41.46 with a downside target of 35.59. We should have a stop loss in place at 41.72 though. 41.46 is the first level of resistance above 40.01, and by rule, any test of resistance is a short signal. In this case, if resistance 41.46 is being tested, a short signal would exist.