Possible Bullish Butterfly as a bearish scenario and possible bearish Gartley ahead of earnings.
36$ has proven to be a resistance zone over the last two weeks and above it we have 40$ which is another major resistance zone.
Below, the only support we have in $TWTR is near 30$, which is point A of the bearish Gartley.
As long as the price remains below the downtrend line, the bearish potential looks like the one with the better odds... but, as long as the price is above 30$ (above point A of the red Gartley), the bullish potential is also there
What do you think?
Read the complete analysis here - goo.gl/rDt1Ni
Also the Weekly Markets Analysis includes $SPY, $QQQ, $AAPL, $XLF and more
Have a great trading week
36$ has proven to be a resistance zone over the last two weeks and above it we have 40$ which is another major resistance zone.
Below, the only support we have in $TWTR is near 30$, which is point A of the bearish Gartley.
As long as the price remains below the downtrend line, the bearish potential looks like the one with the better odds... but, as long as the price is above 30$ (above point A of the red Gartley), the bullish potential is also there
What do you think?
Read the complete analysis here - goo.gl/rDt1Ni
Also the Weekly Markets Analysis includes $SPY, $QQQ, $AAPL, $XLF and more
Have a great trading week
