Quick Gain on Twitter
by Mike Paulenoff
April 3, 2015 • 10:19 AM EDT
This past week, on Monday March 30, Mike added Twitter (TWTR) as a short-term trade set-up at 48.57.
Mike noted in his analysis that TWTR bears had failed to capitalize on their chance to inflict more serious damage by pressing TWTR further below the prior pullback low at 48.70 -- and below the Jan-Mar support line at 48.60.
This was an indication that the correction might be exhausted.
The next day Mike alerted members to exit at 50.37 for a quick 3.7% trade.
Mike Paulenoff is the author of MPTrader.com, a real-time diary of his technical analysis & trade alerts on
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