TWTR forming a bullish pennat. Might fly after crosing the EMAs

Need to wait for confirmation. The stock is below 20-50-100 d emas for now but is getting squeezed more and more

Comment:

Fighting but failing to defeat the trendline for now. Looks like folks are waiting for earnings

Comment:

Got rejected from the trendline.
Stoploss: 59.5

Trade closed: stop reached:

Stoploss reached with heavy volumes post earnings. Short is bearish short term as it is convincingly below all EMAs (depending on today's reaction ofc). 56 level is a good support to work with, followed by 53 and 49. Will look for reaction from these levels