NASDAQ:TWNK - Nasdaq - US44109J1060 - Common Stock - Currency: USD
Taking everything into account, TWNK scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TWNK is showing a nice and steady performance.
TWNK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 33.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.27, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
22.19
We found 3 important support areas.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
33.43 | 33.20 | 0.23 (0.69%) | 25.00% |
An entry @33.43. This is a Buy Stop order right above the 10 day high. | An exit @33.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.23 points, which is 0.69%. | For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade. |
33.3
-0.05 (-0.15%)