November 7, 2013

MOVE PROTECTIVE STOPS ON TWTR HIGHER $TWTR #TWTR #TWTR IPO #TWITTER #TWITTER IPO

This post was just published on ZYX Buy Change Alert.

Consider moving protective stops higher as follows:

20% tranche in the zone of $36.93 to $37.43,

20% tranche in the zone of $38.43 to $38.73,

20% tranche in the zone of $41.23 to $41.43.

Consider leaving the present stop unchanged for the remaining 40%.

As targets hit, you will need to adjust or cancel some stops.… Please click here or the title below to read more.

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WHY, AND HOW, YOU SHOULD TRADE THE TWITTER IPO $TWTR $AAPL $P $XLK $YELP $FB $GS $LNKD $MSFT $NDAQ #TWTR #TWTR IPO #TWITTER #TWITTER IPO

 

On Oct. 16, 2013, I made an unhedged call to consider backing up the truck and buying Twitter shares upon its IPO — for a trade, though, not as an investment. After the stock begins trading in the open market, only skilled traders should consider entering a position. Now, I would like to describe the rationale for the call and also how to trade the stock after it hits the open market.

The trade

With this column being written before actual trading on the NYSE commences, let’s start by looking at an annotated planning chart. There are no trading prices in the chart, obviously, because Twitter TWTR was not trading when the planning chart was made.… Please click here or the title below to read more.

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