Caveat emptor TWTR has a very short history did a nice power drive up from Dec 1 , looks like everyone fell in love with stock and than no more buyers , the ones that missed the ride jumped on in the second rebound but there just were not enough of them to push it all the way back up and those in the first run who were in the money wanted a divorce so left the party.
The blue line should have been strong support but it is now close to a fib so this could cause a minor bounce back up to blue line . We really do not have any strong support till the 50% retracement or the red line. This will be the true test for TWTR. After that the purple line becomes support .