vlad.adrian
Short

Twitter - Going lower

NYSE:TWTR   TWITTER INC
97 3 4
Twitter has been in a downtrend for ages. I remember I tried to pick a bottom once or twice in the past. It looks to me as if every breakout works on this stock , probably because of the strength of this downtrend.

An overbought Force Index on the weekly chart with red impulse.

Daily looks oversold for now, but still worth a short
IvanLabrie TOP
7 months ago
I'm long TWTR, covered my short and flipped. Good luck on the opposite side. Would be interesting if this perma bear turns around.
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vlad.adrian PRO IvanLabrie
7 months ago
What made you do that? I just saw your comment now.
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IvanLabrie TOP vlad.adrian
7 months ago
It's against a support level, and a very low valuation. Risk is 1 atr below, but upside is considerably more.
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