TWITTER $BCBA:TWTR printed a double top and had beautiful selloff with strong volume and quick market reaction, i began anticipating a slip to a downtrend , however looking the 1D chart i observe
the bulls pulled a strong bounce off its 2 year uptrend indicating its selloff pressure maybe exhausted.
I have highlighted the trading zone ($27- $46) for the next year and the ascending triangle its currently building up which is bullish for the long term
Trade opportunity is to open a long position when the trendline is re tested . I expect bulls to protect the price around the trendline so i expect a retest to $30.5 then push to fill the large 16% gap at $37.8
This trade invalidates if
TWTR price trade below the highlighted bottom range $25.5 then a short trade should be open if twitter trades below $25. 5
the bulls pulled a strong bounce off its 2 year uptrend indicating its selloff pressure maybe exhausted.
I have highlighted the trading zone ($27- $46) for the next year and the ascending triangle its currently building up which is bullish for the long term
Trade opportunity is to open a long position when the trendline is re tested . I expect bulls to protect the price around the trendline so i expect a retest to $30.5 then push to fill the large 16% gap at $37.8
This trade invalidates if
TWTR price trade below the highlighted bottom range $25.5 then a short trade should be open if twitter trades below $25. 5交易進行
we got the retest to $30 .. now lets see if the bulls are strong as they look註釋
ON the LTF i observe a ascending triangle completed with a confirmed break out.. measured move puts target at $33.8.
註釋
target of 33.8 has hit . but i have let the trade open till the gap at $38 is closed
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。