Twitter Wave Analysis – 27 October, 2021

• Twitter broke support zone

• Likely to fall to support level 54.00                                                                          

Twitter recently broke the support zone login between the support level 58.00 (which has been reversing the price from the start of September) and the 61.8% Fibonacci correction of the upward impulse (C) from May.

The breakup of this support zone accelerated the active intermediate impulse wave (3).

Twitter can be expected to fall further toward the next support level 54.00 (target price for the completion of the active impulse wave (3)).