christopherbrecher
Short

Try to have 3 reasons before initiating a trade.

NYSE:TWTR   Twitter Inc
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1
TSLA's failed breakout and major overhead resistance were signs to short TWTR . But I had to wait for a 3RD reason. The ATR sell stop tipped the scales. Also, 90 percent bullish sentiment on StockTwits didn't hurt the bear case either.

Comments

Interesting. Where do you get the ATR trend line from?
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yes, where do you get the ATR?
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Excellent advice.
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mohnagi Barker
i don't think it is an excellent advice :)
he should mention entry point after closing above the resistance.
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