TIME WARNER INC. NEW

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Type:	Stocks
Ticker:	TWX
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TIME WARNER INC. NEW - Bullish trend show some signs of weakness, #Ichimoku cloud become thinner - 04/25/2017 (GMT)

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Chart + Trading signal

Signal : Sell signal
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Entry price recommended : 98,6
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Stop loss : 100,3
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Take profit : 96

Timeframe : Daily

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TIME WARNER INC. NEW Chart

The prices evolve into a rising wedge above an Ichimoku cloud becoming thinner.

It's a possible sign of bullish trend weakness.

Kijun Sen coincide with the bottom of the rising wedge, in case of bearish breakout of these lines I will prepare the following sell short plan

Conditional order < 98.60
Protective stop loss above 100.30
To target 96

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