Sell Twitter shares | 19 April 2019

 why sell twitter shares?

Wave Analysis

Not much activities happened on the shares of this company. The price of this share is approaching a key weekly resistance level 35.91. We're looking for  a sell from this trendline, but only after we see an increase in the sellers volume. If the price attempt to cross above 35.91 but not matching volume, we recommend remaining flat, and increase in volume after a breakout above 35.91 will push the price even higher towards 45.45. A bounce from 35.91 will push the price further to the lowerside towards the supportive trendline.

Trade Recommendation:

Wait for a possible sell from 35.91.

GazpromNef Weekly Review

Wave Analysis

 Since 2017 until late 2018, GazpromNef shares has remained above the three simple moving averages. However, in January this year, the price broke out below the three Simple Moving Averages and is still below these three. We expect the current bearish price rally is the continuation of a corrective three wave cycle and should break below this year's lowest low. Currently, we're waiting for a possible sell to sell the last impulsive wave (c) to the lowerside with an ideal target at 260.25.

Trade Recommendations:

Waiting to sell the shares of GazpromNef from 352 towards 247.

Reuters Weekly Review

Wave Analysis

Reuters has been in an active uptrend and is still pretty much bullish both on the daily and the weekly charts.  As long as the price remains above the three simple Moving Average (52, 152, 200), we expect further momentum to the upperside. The anticipated bullish price rally is the continuation of the current five wave cycle and should see the last impulsive wave (5) rise beyond 61.25 towards 70. As it is, only buy positions looks much better and can be recommended. But should prioce breakout below the 200 SMA, then we may consider a sell.

Trade Recommendations:

We're long

Bob Stan
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