TWTR tested it's last up fractal today. If within a few minutes of market close the closing price actually shows above the up fractal price point, we'll enter a Deep ITM Call Option with 2 months until expiration and an underlying stop loss at $18.17 on market close only.
Elliott Wave analysis suggests we are in a correction on Facebook, which should take us quite a bit lower before the rally continues.
A bear pennant pattern seems to be developing, with an Elliott wave interpretation there is a low risk/reward trade setup.
Let me know what you think..