I just watched all the reports about twitter missing earnings etc. On the chart i see all my pivot point weekly & monthly are broken down so I don’t think this can go further down without a pullback technically. On the fundamental side I still think twitter is one of the most important messaging services in the world where news spreads very fast and topics are discovered through hashtags etc. So I think This is a Great opportunity to get some cheaper shares of this company. Short term target would be gap close for me.
Not
We got another slightly push down the monthly S4 but bears are not that powerful here with selling power declining. Lots of good entries for long here, TD sequential got us a red9 (1hr) with a nice rebounce towards the Resistance now ready to break up
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