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Tat Soon Ho, a professional equity trader for a Global Bank based in Singapore specializing in US equities for the past 4 years and currently completing his CFT (Certified Financial Technician). Prior to my current role, i spent about 6 years in the area of Wealth Management focusing on... More
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  • TWTR - Short Term Technical Bullish (BUY) 3 comments
    Jun 9, 2014 10:40 AM | about stocks: TWTR

    A daily gap up with window support just below $33.11.

    Entry at current levels about $33.60 with protective cut loss below $32.90, immediate major resistance could be near to $38 (window resistance)

    risk reward ratio:1:6

    Happy Trading

    Cheers

    TS Ho

    Stocks: TWTR
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  • hotatsoon
    , contributor
    Comments (31) | Send Message
     
    Author’s reply » For those who are short term traders, closing off the trades at current levels of $35.75 will yield about 6.5% gain not too bad for 3 days work.

     

    the gap down window at $36.10 might prove immediate resistance so it depends on individual risk appetite.

     

    Cheers
    11 Jun 2014, 12:00 PM Reply Like
  • hotatsoon
    , contributor
    Comments (31) | Send Message
     
    Author’s reply » Good time to close off second part of your twtr positions @ 37.00 now

     

    10% gain wouldn't be such a bad position :)

     

    cheers
    12 Jun 2014, 10:18 AM Reply Like
  • hotatsoon
    , contributor
    Comments (31) | Send Message
     
    Author’s reply » The final 1/3 can raise the cut loss level to 35.00 to lock in 4% profit in case it breaks down. but meanwhile let it run its course northwards :)

     

    cheers
    12 Jun 2014, 10:22 AM Reply Like
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