TWTR update October 6

TWTR: Fell out of bed today as Google, aka Alphabet, backed out of a possible buyout bid. This changes the count on this ticker dramatically, from what we posted 3 days ago: anticipate, monitor, adjust 🙂 The below count suggest we either had a 3-wave move up (yellow abc) with a classic c=a relationship, or a set of subdividing 1st and 2nd waves (yellow 1, 2 red i) is developing; with (red) intermediate ii now underway. Support is at the lower white trendline. We do know that gaps tend to get filled and the September 21/23 gap is almost filled, leaving today’s gap to be filled one day too 🙂

twtr