TWITTER-INITIATE-STONG SELL-WAVE FAILURE?

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

Trade closed manually