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Why $TWTR looks bullish now #markets #equities #twitter #trendfollowing #money
March 6, 2016
Twitter ($TWTR) daily
- (+) Buy-stop has been triggered (top pane)
- (++) haDelta bullish crossover near zero (mid-pane)
- (+) Chikou-span above the price (lower pane)
- (+) Close is above both Tenkan-sen and Kijun-sen (lower pane)
- (!+) A cloud inflexion is anticipated 28 days from today. It usually points to a strong trend until then.
- (Red arrows) Typical Heikin-Ashi failures followed by new downtrends.
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Twitter ($TWTR) weekly
- (-) In strong downtrend (top pane)
- (+) Bullish haDelta indication (middle pane)
- (–) Strong bearish sentiment (below the cloud, lower pane)
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Categories: heikin-ashi
$TWTR, heikin-ashi