Get started
christianmartin4746

Trump is driving the price of social media

Twitter Inc (NYSE:TWTR)  
christianmartin4746 Updated   
NYSE:TWTR   Twitter Inc
Double Top or Bottom Fibonacci Earnings
0
0
doubletoporbottom fibonacci earnings
TWTR was looking relatively bullish until trump came out with the announcement that he will be releasing 'TRUTH' social media app. TWTR formed a double top, despite not having conformation, TWTR generally respects the double top formation. A breakout below the trend line will be used as a good entry point.
Comment:
FB nearly surpassed earnings but it was enough for a temporary bullish reversal. TWTR earnings is October 26 and momentum still looks bearish. Looking for a rejection around $63

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.