TWTR's Bearish Setup
Breach of the 50 day moving average combined with a bearish cross on the MACD. If it breaches the $17.58 support, I would look to $16.28 for the next significant support level. Breach of both is pretty slim IMO however.
Risk
Support and lower Bollinger line up, which can send it horizontal to build a stronger base. If $17.58 isn't breached on significant volume, look for another sign of confirmation. If it bounces of that line, look to the $18.49 as the resistance as a pivot to long.
Risk
Support and lower Bollinger line up, which can send it horizontal to build a stronger base. If $17.58 isn't breached on significant volume, look for another sign of confirmation. If it bounces of that line, look to the $18.49 as the resistance as a pivot to long.
Catatan
Support broke, October 14 support held. If it falls below 16.28, I expect it to drop even further.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.