TWT Analysis


A potent move with two consecutive gaps and a sort of Three White Soldiers pattern represents a strong reversal. Bulls are launching a counterattack Although it is doubtful that corrective down leg from the February 2 high has completed the assumed wave (5) if SP 500 breaches the February peak then we should expect a […]


Monthly time frame: GPRO has been annihilated. From the October top it has lost 91% of its value Price has formed a channel Lets see if the current small range body ends the month with a hammer, which would open the door to a rebound Key price levels are: R1 = 20.50 (January peak); R2 […]


Monthly time frame: The technical evidence is suggesting that the odds that SP 500 has begun a bearish cycle are large. To keep it simple we have four reasons: MACD has triggered a bearish signal cross The slope of the 10 mma has turned negative The 10  mma has crossed the 20 mma; Red arrows […]


Monthly time frame: The trend is down (Lower highs/lows) as long as the 10 mma = 26.80 is not reclaimed From the 2013 top TWTR has lost 82% of its value. Is the punishment enough ? So far we have a small range body In order to improve the prospect of a bottom TWTR has […]