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 by watching the video tour >>HERE<<
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 by watching the video tour >>HERE<<
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