Day-traders can keep $TGT on the radar. The $68.13 area look like attractive intra-day support today. The pattern will be important, so I will update in the Intra Day Stock Chat Room
Here's The Twitter $TWTR Trade Level That Every Investor Should Know Recently, leading social media stock, Twitter Inc (NASDAQ:TWTR), reported earnings that disappointed Wall Street. The stock peaked out on February 6, 2019 at $35.21 a share. After earnings, the stock plunged lower by more than 10.0 percent and is currently trading around the $30.20 level. There are some short term support levels for TWTR stock in the near term, but the next major level is much lower. TWTR stock is currently trading below its important 50 and 200-day moving averages which put the equity in a weak technical position near term. Traders and investors should now look at the $25.00 level for major support. This is where TWTR stock broke out in February 2018 on massive volume. Often, when a past breakout level is tested for the first time it will be defended by the institutional money. Keep this trade level on the radar. Nick Santiago InTheMoneyStocks
Watch This Trade Level For This Leading Insurance Stock $RE Everest Re Group, Ltd (NYSE:RE) is engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets. Today, the stock is falling by more than 3.5 percent after reporting earnings. Traders and investors should note that the stock is now trading below its important 50-day moving average. This technical chart pattern puts the stock in a weak position. The stock has also been making lower highs since July 2017 and this is also a sign of weakness in the near term. The next major support level looks to be around the $194.00 area. This level is where the stock broke out in October 2016. Often, prior breakout levels will serve as solid support when retested. Nick Santiago InTheMoneyStocks
TripAdvisor Heads South After Earnings, Here's The Trade $TRIP TripAdviser Inc (NASDAQ:TRIP) is a leading provider of online travel content. Today, the shares of the company are declining sharply after reporting earnings last night. The stock is trading lower by 7.0 percent to $56.10 a share. It should be noted that TRIP stock is now trading below its 50-day moving average. The volume in this decline has also increased indicating further weakness in the near term. Traders and investors should now watch for major chart support around the $47.50 level. This is where the stock broke out in late October 2018. Generally, when a stock tests its prior break-out level it will be defended. There are also other factors around that level creating a solid risk / reward trade setup. Nick Santiago InTheMoneyStocks
Blue Apron $APRN: Classic Bull Setup Headed To This Target Shares of Blue Apron (APRN) have emerged from a nasty downtrend. After their IPO in 2017, Blue Apron went straight down, bottoming out at $0.65 from above $10.00. The stock has now advanced back to $1.60 and a bullish daily chart pattern is signaling a move to $2.00, the daily 200 moving average. Look for this move to come within weeks. Gareth Soloway InTheMoneyStocks
