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Audacity618
Jun 14, 2018 3:41 AM

Twitter FOMO Short

Twitter, Inc.NYSE

Description

TWTR with a monster run this year climbing over 80% ytd, and with such gains a log-scale makes more sense in detecting resistance and support trend lines. The pitchfork seems to be reliable here on the log-scale. With RSI at all time high and such quick rise over the last 45 days resembling a FOMO melt up, this make a solid short term contrarian play.
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