Shorting Twitter (TWTR) To The GAP

Here is the TWTR GAP to watch:

GAP: $46.86 - $40.96

Here’s the trade:

1) Sell at market from $51.00-$52.00
2) Initial stop loss at $57.75
3) Profit target at $44.75, just above the Daily 62% retracement

This afternoon’s FOMC Minutes may have a tremendous impact on the markets. Be sure to keep an eye out for major volatility as this news release comes online.