Twitter IncShort
$TWTR - Regulation May Give Pressure Towards $28
=> Increased sector regulation via Cambridge Analytica etc is going to be bad news for TWTR and we believe the recent squeeze in shorts has run its course.
=> Despite front-end rates ticking to the upside this year, differentials will not be enough to protect global Equity pressure will encourage investors to sell, especially in the U.S.
=> A likely correction is necessary and healthy in this case as we look for a more meaningful rebound in TWTR towards the end of Q318.
=> From a technical perspective we are seeing weakness around the 61.8 fib as widely expected.
GL all
=> Despite front-end rates ticking to the upside this year, differentials will not be enough to protect global Equity pressure will encourage investors to sell, especially in the U.S.
=> A likely correction is necessary and healthy in this case as we look for a more meaningful rebound in TWTR towards the end of Q318.
=> From a technical perspective we are seeing weakness around the 61.8 fib as widely expected.
GL all
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