TWTR / Twitter , Lower Highs BEARS control, COVID-19 , 3/22/2020
Twitter is making lower highs in weekly charts with high momentum on RSI which is hidden bearish trend continuation. But there is lots of volume in price between $16 - $18 range with support.
I do see a Bullish Gartley Pattern developed with a bounce off the .786 / 1.272 ext. With the overall market being bearish I would be surprised if this plays out.
I'm long term bearish on this chart until we break the lower highs but I do believe we are going to making new All-Time-Lows with time.
Be careful with this current market conditions.
I do see a Bullish Gartley Pattern developed with a bounce off the .786 / 1.272 ext. With the overall market being bearish I would be surprised if this plays out.
I'm long term bearish on this chart until we break the lower highs but I do believe we are going to making new All-Time-Lows with time.
Be careful with this current market conditions.