Is Twitter being defeated by Instagram?
Is TWTR being defeated by Instagram? by TheFinancialForecast on TradingView.com
The last earnings were not enough to work as driver for TWTR increasing the uncertainty among the investor reflected in this sideways antipersistent movement. As price continue moving in non-trend zone, factor time is swapping the sequence to the 2nd high probability iteration in case of break 34.56, where prices will look for the green area. If price drops and break 28.45, then the corrective sequence ended at 37.14 in December 12 and a new bearish wave is in place.
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