TWTR will probably continue lower towards 17-18$ there it will find a weekly that includes:
1. A weekly uptrend line.
2. The Fast MA line
3. The 50 MA line
4. Weekly structure
Due to the strength of TWTR's move, I would suggest to wait for confirmation signals before trying to catch this falling knife.
Also, another thing to consider, is SPX's potential.
If SPX will decline, TWTR will fall with it.
Read more about SPX in the link below
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