IvanLabrie

TWTR: Potential long term long entry

Long
IvanLabrie Updated   
NYSE:TWTR   Twitter Inc
TWTR is offering a very interesting long setup here. We can enter longs at market open, with a 10% stop loss, and aim for the 21.04 mark, or potentially higher, in case of a M&A event in the future. TWTR has attractive fundamentals, and a good valuation here, so I think it's a good stock for your portfolio, to avoid being net short at this point (see related ideas).
I'm also short NFLX, MSFT, long NKE and CUBI, and will enter X and V shorts tomorrow. Good luck!

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Ivan Labrie

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Comment:
Looking good.
Comment:
If we don't break this price level today I'd worry of a retracement.
Comment:
*16.50
Trade closed manually:
Taking partial profits here is ok, it still looks good overall.
Comment:
s3.amazonaws.com/tra...shots/p/PflSeenc.png

The uptrend timer expires by the 27th, by when we might see a pullback to support.
Comment:
Great recovery in TWTR. Watch it this week. New quarter will bring interesting events for sure. I'd trail stops using a moving average or some other trailing technique, personally.
Trade closed manually

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