$TWTR rises after Elon musk bought a 9.2% of Twitter a few days ago and slowly pulls back, and the price consolidate for a few days. despite the 2 day selloff in the market especially in technology stocks, Twitter held up the price between $44-49 and close slightly higher before the market close last Friday.
From a technical perspective, there's a high possibility...
According to technical analysis, looking at GBPUSD the success of bears moing price below 1.22000 support confirms the reversal of the general short term trend which was bearish. On a long term perspective, the overall trend is still downward. The return of the GBPUSD bulls by pushing price above 1.24 -1.27 resistance level may give some new hope but until 1.3500...
LONG short-term to complete the complex correction; 1.4700-1.4860
SHORT medium-term, where intermediate wave (3) concludes its course; 1.39120-1.3425
SHORT medium/long-term, where primary wave 3 completes its course - only valid if the primary impulse is not an A,B,C correction; 1.3625-1.3150
SHORT longer-term, where primary 5 completes the cycle degree...
