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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Sellers at the Gate

chessNwine Tue Oct 28, 2014 1:25pm EST 3 Comments

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TWTR is finding some initial buyers at the $42/$43 area on this huge earnings gap-down.

Going forward, it will be interesting to see if that prior resistance area (from July) now turns into current support.

I suggest a stop below $42 for any long attempts off this earnings gap.

The company, going forward, obviously needs to do a better job of monetizing its brand and staying on point.

What are you trading this afternoon?

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TWTR

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3 comments

  1. GM
    GM
    October 28, 2014 at 1:42 pm

    I bought some physical gold. ECB QE will be used solely to bid for physical gold, so makes sense to be in before their trillions arrive.

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  2. wRetChEd eXceSS
    wRetChEd eXceSS
    October 28, 2014 at 1:49 pm

    $BAL is forming a bottom at long term support…assuming that it is not overwhelmed by the commodity downtrend.

    http://stockcharts.com/h-sc/ui?s=BAL&p=W&yr=6&mn=6&dy=0&id=p98398187585&listNum=70&a=373696120

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  3. Twoco
    Twoco
    October 28, 2014 at 1:51 pm

    Hillary Puts

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