TWT Setups Watchlist

TWTR IMAGE 2

Interesting day for Twitter In a sea of red Twitter today stands out with a bullish reversal candlestick (Hammer) after completing a potential falling wedge. In addition the RSI(5) is displaying a positive divergence

GAS IMAGE

Weekly time frame During the last three weeks  UNG has been forming a base that could allow an oversold (multi-week) rebound So far we have a higher low. Last week Hammer could be the igniting bar of an up leg that will achieve a higher high The resistance is located at the October gap down […]

FALLING WEDGE IMAGE

Weekly time frame So far we have a “bullish” Harami If a short-term bottom is in place it needs to breach the first resistance at 41.92 (R1) Above R 1 we have three key resistance levels: 50 w = 43.75 (R2); 10 w = 45 (R3); Lower high = 46.74 (R4)

LOWE IMAGE

Weekly time frame Although the decline from the March top can be counted as a 3-wave down leg (Corrective) the lower high established on August has not been breached hence LOW could be involved in a large sideways pattern Following last week Spinning Top so far we have an Inside Week therefore in order to […]

Close