Having a go at posting $TWTR again as it looks like a solid long despite market weakness. Tried posting on $TWTR back at $38 but apparently that was deleted by TradingView. Sometimes patience pays off and it seems like we have another entry to a possible multi-year trend line breakout.
$TWTR has strong trend line support since March & has acted rather well when compared to sector & sub-sector. Previous attempt at breakout above $44 and top band of trend line was rejected but support is holding. Looking for a breakout above $40.50 to make a move to $41.50 or lower band of upper two trend lines.
TWTR
QQQ vs TWTR -Since September 3rd-
QQQ/TWTR -Since September 4th (Day after the first day -September 3rd- drawdown)-
BTO $TWTR 9/25 $42c
BTO $TWTR Nov $42c
$TWTR has strong trend line support since March & has acted rather well when compared to sector & sub-sector. Previous attempt at breakout above $44 and top band of trend line was rejected but support is holding. Looking for a breakout above $40.50 to make a move to $41.50 or lower band of upper two trend lines.
TWTR
QQQ vs TWTR -Since September 3rd-
QQQ/TWTR -Since September 4th (Day after the first day -September 3rd- drawdown)-
BTO $TWTR 9/25 $42c
BTO $TWTR Nov $42c
Perhaps: