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$TWTR has a hard time around this area of $32.60 and needs to break that otherwise I think we see another drop in TWTR while other tech companies continue to thrive.
Competition from Verizon (VZ), T-Mobile (TMUS) and Sprint (S) has cut into T's margins and bottom-line earnings and the chart set up isn't looking good here
As XBI sits right now, we either see nice upside or a crack in the chart to the downside. Big earnings names coming up but XBI is now sitting below the 20MA which would be a short signal for me.