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Oct 30, 2017 12:20 AM

TWTR bullish potential reversals Gartley and Crab patterns Long

Twitter, Inc.NYSE

Description

NYSE:TWTR strong bullish.

On this log scale chart, you see the pink channel, It moved the channel width after April earnings. So likely it will hit channel high this time too. completing the gartley pattern. Might reverse at 0.786 extension. If a pull back from here, just traces back half this channel instead of going to the bottom of channel, it will show further strength.

If it breaks the channel high and continues higher, it can reach upto 1.618 to complete the crab pattern too (yellow). Pick what you want, but TWTR is very good for long term investment now, Just be mindful of these two potential reversal zones.

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