• SmartList
  • 5K Club
  • Memberships
  • Courses
  • Indicators
    • Thinkorswim
    • NinjaTrader
    • TradeStation
    • MultiCharts
    • MT4
    • TradingView
    • Motivewave
  • Free Resources
    • FAANG Smartlist
    • Economic Calendar
    • Trading Journals
    • Webinars
    • Trade Ideas
    • Newsletter
  • Sign Up
  • Sign In
Trade The FifthTrade The Fifth
  • SmartList
  • 5K Club
  • Memberships
  • Courses
  • Indicators
    • Thinkorswim
    • NinjaTrader
    • TradeStation
    • MultiCharts
    • MT4
    • TradingView
    • Motivewave
  • Free Resources
    • FAANG Smartlist
    • Economic Calendar
    • Trading Journals
    • Webinars
    • Trade Ideas
    • Newsletter
  • Sign Up
  • Sign In

Blog

    Home » TWTR Short Breakout Opportunity Using B.I.T.S
image of TWTR Short Bear

TWTR Short Breakout Opportunity Using B.I.T.S

  • Posted by Paul
  • Categories Blog, Videos
  • Date November 15, 2019
  • Comments 0 comment
8shares
  • Share
  • Tweet
  • LinkedIn



TWTR potential Short Breakout after poor earnings by tradethefifthcom on TradingView.com

We have identified a potential Short breakout swingtrading opportunity on TWTR , using out B.I.T.S Indicator suite for TradingView. After poor earnings , TWTR has gapped down and looks like there is no rebound in mind with the markets.

Our automated B.I.T.S indicator suite has identified a contraction in price action along with an increase in Bearish volume . this along with a specific points of control and algorithm has produce 2 short signals on consecutive day. this is showing Bearish momentum building!!

TWTR price action has gone through major support and we would see the next major support level as a target for this short trade

The Short entry is at $28.41, with Stop at $29.69.

Find out more about our B.I.T.S Indicator suite for TradingView by watching the video tour >>HERE<<

Tag:B.I.T.S, nyse, Stocks trade idea, Swing Trading, TradingView, TWTR

  • Share:

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Admin bar avatar
Paul
Paul Bratby is the CEO and founder of Trade The Fifth, an Elliott Wave program designed to educate traders and investors on the financial markets so they can take responsibility for their own portfolios and trading accounts by learning how to ride the profitable Fifth Wave setup. Paul started in the business over 14 years ago, and combined his career as an Engineer along with his Military Mindset to develop a repeatable trading and investing strategy that he has used to manage 8-figure accounts.

Previous post

October 2019 Webinar Recording - All in!!
November 15, 2019

Next post

CERN Investing Opportunity - Elliott Wave
November 16, 2019

You may also like

serv
SERV Stock – Potential Short 5th Wave Swing Trading Opportunity
10 December, 2019
KHC chart
KHC Stock Elliott Wave Swing Trading Idea
5 December, 2019
stng chart
STNG Stock Swing Trading Signal 60 Min
2 December, 2019

Archives

USA Office: 19 W 34th Street, Suite 1018,
New York, NY 10001
US Phone: +1 (415) 992-7787

Ireland Office: Unit 3D, North Point House,
North Point Business Park, New Mallow Road,
Cork, T23AT2P, Ireland

Copyright © 2019

Learn More

  • Trade Ideas
  • Contact Us
  • About

Legal

  • Privacy Policy
  • Terms & Services

Latest Tweets

Tweets by tradethefifth

Swing trading, Day trading, short-term trading, options trading, and futures trading are extremely risky undertakings. They generally are not appropriate for someone with limited capital, little or no trading experience, and/or a low tolerance for risk. Never execute a trade unless you can afford to and are prepared to lose your entire investment. All trading operations involve serious risks, and you can lose your entire investment. No trades are recommendations or advice and we cannot be sued for losses of capital. All trades are for educational purposes only. Contact your broker or RIA for execution, margin, and other capital requirements. All users and viewers of wave5trade.com adhere to ALL terms of service on www.tradethefifth.com

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results. Past performance is not necessarily indicative of future results.

Testimonial Disclosure:  Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

Trade The Fifth

Get Your FREE Trade Today!

Sign up for our FREE trade ideas and learn to trade the Fifth Elliott wave today.


Don’t worry, we will never spam you