Short

TWTR - Just cancel the deal already

Updated

Rumors says the Twitter-Elon Musk deal is falling through. It should be a straightforward trade if it does. The stock has been trading in an undeniable descending triangle pattern. I have used previous supports as possible targets and outlined a stop loss above the most recent swing high. Lets do this!

Trade closed: target reached

Target 1 reached
Target 2 being approached

Trade closed: target reached

Target 2 was reached not long after the first update.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.