$Twitter (Delisted) (TWTR.US)$ twitter did a close below my ...
$Twitter (Delisted)(TWTR.US$ twitter did a close below my critical support. No long setup was opened on my part as it did not meet my criteria of a good R:R trade.
The technicals are looking bearish as we are going down on huge volume sell off. If you are asking where should you average down if you are still bullish, do it at the 45 support and 200SMA at 41.
There may be a technical rebound coming soon for a quick profit but take it with a pinch of salt as it may continue falling a little more before that dead cat bounce and you may overall only breakeven if you time it wrongly.
Do your own risk management and I will come back to re analyse the graph again in due time when it hits the next support!
As always, trade safe & invest wise!
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