themarketzone
Long

Double Bottom with All Time Lows

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.

This analysis is part of the Weekly Markets Analysis newsletters
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Tomer J,
The Market Zone - You trading Edge
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IvanLabrie TOP
7 months ago
I'm with you on this one. I also shorted before earnings (nice move).
Cheers.
Reply
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