TWTR was looking relatively bullish until trump came out with the announcement that he will be releasing 'TRUTH' social media app. TWTR formed a double top, despite not having conformation, TWTR generally respects the double top formation. A breakout below the trend line will be used as a good entry point.
Note
FB nearly surpassed earnings but it was enough for a temporary bullish reversal. TWTR earnings is October 26 and momentum still looks bearish. Looking for a rejection around $63
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.