I see twitter bouncing off of 39.13 and continuing to drop over the next month. The 39.13 is the Pre-Elon drama and the 236 fib that has been tested twice already. The lower band on the daily Anchored VWAP illustrates a ski slop were the bottom band is intersecting with the 236 fib. On a monthly view, this month has almost been a mirror image of last month and is...
Had a major run up 12MAR21 and price has been steadily inclining since then until 7JAN. Since 7Jan it has dropped $40 and fell through all three SMA's (50/100/200).
50/100 about to cross signaling a downtrend.
- last time this happened was 28DEC20 resulting in a $13 downtrend over 3 months hugging the 200 SMA. It has a history of staying above the 200. Besides...
