TWTR – Stocks Trading Idea of the Week

Stocks Trading Idea TWTR

Using the Trade Ideas scan called Trend Reversal Up, we have isolated a good technical risk reward chart in Twitter Inc. (TWTR). The Trend Reversal scan looks for good risk/reward situations where stocks are basing and looking to move up while building higher lows off the base patterns. The upside gap lurking just above 17.60 is a point of interest for the Trade of the Week.

image of trade ideas scanner with TWTR highlighted

The Trade of the Week on TWTR is conditional of a trade above 17.60 to go live this week. 

As you can see in the chart below, there is a nice void to fill from the recent gap down after the last earnings report. The suggested stop for this position will be 16.35 and the suggested target will be 20.80. Risking 1.25 to make around 4.00 is a good position trade risk/reward anytime.

image of Daily Trading Chart for TWTR stocks trading idea

image of Trade Ideas banner

Footnote:  This is a table showing the maximum profit for past 2017 Trades of the Week. Timing the top is impossible but this table shows how much alpha was possible when considering your personal exit of these positions. The trades outlined in red eventually hit their suggested stop prices, so you can see the importance of timing and harvesting profits along the way when you can, especially those that move above 10%.  We will update this table when needed to bring data more current.

image of tradeideas algo trading results table

*Assumptions
Targets are not absolute. Targets involve timing. Profits can and should be harvested along the way.Risk to Reward ratio ideal is 1:3Trades of the week that do not reach entry prices are not considered live and are expired at the end of the current week. (ORCL, HLF and JNPR)

TOW Rules: 20% Rule.  If a performance is up 10% and gives back 20%, take the 8 and run. (Profit Save, Trailing Stop).

Stocks that gap up over the entry price are considered up to the discretion of the buyer as to the entry price (WETF)
Happy investing!

 

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Founded in 2002, Trade Ideas software was created to be an edge for traders by accomplishing what no human can doówatch every trade of every stock and alert to profitable activity. TI Proís OddsMaker backtests and optimizes your strategies against the entire market, not just a basket of stocks. Donít spend hours researching, pouring over charts, or programming backtests. Get the Trade Ideas Advantage. Find. Test. Invest.

Trade Ideas

Founded in 2002, Trade Ideas software was created to be an edge for traders by accomplishing what no human can doówatch every trade of every stock and alert to profitable activity. TI Proís OddsMaker backtests and optimizes your strategies against the entire market, not just a basket of stocks. Donít spend hours researching, pouring over charts, or programming backtests. Get the Trade Ideas Advantage. Find. Test. Invest.

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