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By norok
Wizard
Catching up on alerts from Friday last week when TWTR signaled a spike. I like a stop loss above the recent short term consolidation with a bearish trade back down to the rally's 50% Retracement Level. Earnings are 4/28/22 and IV has returned to normal. I like either a short shares trade or a long Put to play this rally ending and price retracing to 36 over the next few weeks.
50retracementspike-tradingStocksTrend AnalysistwitterTWTR
norok
Wizard
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