When Twitter Inc (TWTR) Moves Investors should Listen

August 14, 2022, 07:45 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Twitter Inc (NASDAQ: TWTR) report below is a real world example. Included are trading plans for TWTR, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for TWTR

• Buy TWTR slightly over 41.38 target n/a stop loss @ 41.26. Details

The technical summary data tells us to buy TWTR near 41.38, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 41.26 to protect against excessive loss in case the stock begins to move against the trade. 41.38 is the first level of support below 44.26, and by rule, any test of support is a buy signal. In this case, if support 41.38 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for TWTR

• Buy TWTR slightly over 24.75, target 32.97, Stop Loss @ 24.68 Details

If 24.75 begins to break higher, the technical summary data tells us to buy TWTR just slightly over 24.75, with an upside target of 32.97. The data also tells us to set a stop loss @ 24.68 in case the stock turns against the trade. 24.75 is the first level of resistance above , and by rule, any break above resistance is a buy signal. In this case, 24.75, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short TWTR near 24.75, target n/a, Stop Loss @ 24.82. Details

The technical summary data is suggesting a short of TWTR if it tests 24.75 with a downside target of n/a. We should have a stop loss in place at 24.82 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 24.75, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for TWTR

• Buy TWTR slightly over 44.39, target 44.91, Stop Loss @ 44.29 Details

If 44.39 begins to break higher, the technical summary data tells us to buy TWTR just slightly over 44.39, with an upside target of 44.91. The data also tells us to set a stop loss @ 44.29 in case the stock turns against the trade. 44.39 is the first level of resistance above 44.26, and by rule, any break above resistance is a buy signal. In this case, 44.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short TWTR near 44.39, target 43.97, Stop Loss @ 44.49. Details

The technical summary data is suggesting a short of TWTR if it tests 44.39 with a downside target of 43.97. We should have a stop loss in place at 44.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 44.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

TWTR Ratings for August 14:

Term →	Near	Mid	Long
Rating	Strong	Strong	Weak
P1	0	0	24.75
P2	43.97	43.11	32.97
P3	44.91	44.39	41.38

Support and Resistance Plot Chart for TWTR

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