Twitter Chart 1

Twitter - Chart is wittering limited
upside for price if any

Twitter - Chart is wittering limited upside for price if any. by DanV on TradingView.com

26 October 2014

Updates and comments

With the earnings announcement due tomorrow, no doubt many hopefuls will be expecting further price appreciation for Twitter.

However, the price action in the chart is appearing to be wittering loud and clear that any upside is likely to be very limited as it could have already entered in the new bearish cycle with intermediate target being the last low in May 2014.

This would particularly be the case if the wider equity market also experience anticipated weakness.

As always be sure to do your own analysis. If you like my analysis select to follow me if you haven't already and select to follow the charts for any update and share it with your trading circle. 

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