TWTR just bounced off median of flag channel & is now consolidating between 2 anchored VWAPs.
A measured abc or flagpole move would take us to 116 for wave 3.
TWTR recently completed a M-pattern, reversed up & now is retesting the neck before a leg higher to reach 58 & 66 TP levels.
it also stopped right in the middle of my yellow box unsure which direction to take.
A consolidation near the neck area before further rally would be my bias as wave 3 continues.
just maybe coming changes would be good to TWTR.
not trading advice
A measured abc or flagpole move would take us to 116 for wave 3.
TWTR recently completed a M-pattern, reversed up & now is retesting the neck before a leg higher to reach 58 & 66 TP levels.
it also stopped right in the middle of my yellow box unsure which direction to take.
A consolidation near the neck area before further rally would be my bias as wave 3 continues.
just maybe coming changes would be good to TWTR.
not trading advice