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Technical Reason Behind Twitter stock Slumped

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NYSE:TWTR   推特公司
First thing first, it all because of the famous Head & Shoulder (H&S) pattern at the top signalling reversal. The moment the candle break the neckline, TWTR start to make a dive. Then it followed by a descending triangle pattern. Price break below the bottom of the triangle in pre-market, and now price is about to hit the minimum target move. Expect price to continue the dive below $32
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