Twitter has just completed a 4th(red) wave and is looking for a 5th to complete the green 5. Get long before earnings this Thursday. Be wary- this count suggests a near term rally could be met with a significant decline.
However, calling the end of the third wave might have been premature, so it is possible that this rally will continue for a lot longer rather than topping out. Either way, the implication is to the upside in the short term, as this near term pullback serves as a buying opportunity.
However, calling the end of the third wave might have been premature, so it is possible that this rally will continue for a lot longer rather than topping out. Either way, the implication is to the upside in the short term, as this near term pullback serves as a buying opportunity.