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The_Cannalyst
Jun 3, 2016 8:21 PM

Gap Close? Long

Twitter, Inc.NYSE

Description

Twitter is trading near the GAPs bottom edge - a pivot resistance niveau and a bullish flag appeared (yellow).
If Twitter could close above 15.5$, a Gap Close could follow. The TP of the flag is 16.35$, the gap-tp:17$
Trading below 13.8$ is a technical short signal with TP1 12.85 / TP2:11.2-11.6$
In my chart i have illustrated these two thinkable trading setups

Trade active

illustrated long trade triggered...

Trade closed: target reached

target reached - gap closed
Comments
The_Cannalyst
target reached - gap closed
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