marketstrats

Must see Twitter weekly chart - double bottom or more bleeding

Long
NYSE:TWTR   Twitter Inc
It is clear what needs to happen here. Twitter needs to break this trendline to the upper right. Every time it has gotten close in the past, they reported more disappointing news on their earnings call and caused more of a breakdown. Finally, a bottom might be in. Time and price will tell.

Lower low by 1 penny on the latest bottom causing a slight bullish RSI divergence.

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