TWTR
$TWTR IS CURRENT TRADING AROUND THE 200EMA (RED LINE) ON THE DAILY. IT HAS ALSO HAD INCREASED SELLING AFTER ITS NOT SO GOOD EARNING CALL DUE TO FUTURE GUIDANCE. IT IS ALSO AT A MAJOR TRENDLINE. WILL THE 200EMA OR TRENDLINE HOLD $TWTR SO WE SEE A BOUNCE OR WILL $TWTR BREAK AND SEE CONTINUE TO SEE A DOWNTREND
I PERSONALLY BELIEVE WE WILL SEE A CONTINUED DOWNTREND. IF WE GET A BOUNCE, IT WILL NOT BE ONE THAT PUSHES $TWTR BACK TO FILL THE GAP IT LEFT ON THE DAILY (WHITE BOX). THE BOUNCE WILL BE MORE A DEAD CAT OR ONE TO RETEST THE 56 AREA. I BELIEVE IN THE FUTURE WE WILL SEE $TWTR GO BACK TOWARDS $40. I AM BEARISH AND WILL BE LOOKING FOR SELL OPPORTUNITIES UNTIL I AM SHOWN DIFFERENT.
****JUST A THOUGHT, JUST A TRADE IDEA****
GOOD LUCK,