themarketzone

Double Bottom with All Time Lows

Long
NYSE:TWTR   Twitter Inc
Despite the attempt to create an All Time Low, 14$ was set as support last week and now we have a potential double bottom for $TWTR that may lead to a short term rally towards 15$ and 16$ (two potential target zone for this bullish setup)
R/R is shown at the chart

$SPX position above 2050 support potential bullish moves this week in stocks (read more in the newsletters) and it should support this beaten bird to try and fly again.

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