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Looking for Continuation in TWTR

During that nasty market reversal on the 15th, TWTR was one of the strongest stocks, finishing up over 10%. And now after a day of consolidation, I'm looking for continuation.

twtr

Update: Since this is a pennant flag, a quick and dirty way to measure upside is to take the height of the pattern and add it to the apex of the triangle. Which is where first resistance was found.

twtr

by Steven Place

Steven Place is the founder and head trader at investingwithoptions.com/