TWTR is trading very low on pre-market. The main catalyst for the drop is probably the banning of Trump. Price is now below the 14,21, and 50 emas and getting close to the trendline. MACD curled down, -DI is crossing over +DI and ADX is curling down, showing that the current trend is losing steam.
TRADING STRATEGY
Long: I am a buyer on the trendline (if it...
Sometimes you just gotta be a bear!
Entry: green trendline from March (ATH: 56.00)
PT1: white trendline (48-49)
PT2: red trendline (44-45)
SL: break of ATH