TWTR
initiating with a STRONG SELL. Twitter looks to be collapsing...
Twitter's chart is very similar to Oil...
Oil is also experiencing Wave Failure...
Oil/Twitter:
Stock needs to clear and hold above the purple trend line to prevent wave failure.
Near-Term Target = $18-$20
Time-frame estimate: 140 days
Will update.
-AB
Visit related idea (QQQ-The Great Fall) for more tech analysis...
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Twitter is about to turn hard here.
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1000 MA Yellow
2000 MA Red
2000 MA Red
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