$TWTR 1D price is consolidating at major resistence.
Twitter price is consolidating at major resistence (30-31 zone, bottom of last year).
Failure to break 30-31 in coming day, will result to renew price fall. Maily for technical reason and risk adv.
If price fall again, 20 area will be tested again.
In current market condition, if price break resistence, upside will be limited; 35 zone will be strong resistence.
For risk reward consideration, I will be strong short if 31 level holds, with target at 20. stop loss at 40
Failure to break 30-31 in coming day, will result to renew price fall. Maily for technical reason and risk adv.
If price fall again, 20 area will be tested again.
In current market condition, if price break resistence, upside will be limited; 35 zone will be strong resistence.
For risk reward consideration, I will be strong short if 31 level holds, with target at 20. stop loss at 40
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