Let's take a few minutes to look at the charts and indicators and then we can "tweet" about it.
In this daily bar chart of TWTR, below, we can see that TWTR has been finding buying support in the $28-$26 area. Dips to that area were bought in April, October and December. Rallies have petered out in the $36-$38 area except for strength in June and July when prices approached $48. Prices are holding just above the flat to rising 50-day moving average line and just a "shade" below the flat to slightly rising 200-day line.
The daily On-Balance-Volume (OBV) line shows a rising pattern for the past year even when prices have moved up and down. A rising OBV line is a sign that buyers of TWTR have been more aggressive.
The Moving Average Convergence Divergence (MACD) oscillator in the lower panel is right on the zero line and crossing above it will be an outright go long signal.
In this weekly bar chart of TWTR, below, we can see a sideways base or consolidation pattern from 2016 to late 2017. Prices turned up into the middle of 2018 and then corrected lower. Prices are just below the slightly rising 40-week moving average line.
The weekly OBV line is bullish and close to making a new high before prices make new highs.
The weekly MACD oscillator is crossing to the upside for a cover shorts buy signal. A cross of the zero line may not be far off.
In this Point and Figure chart of TWTR, below, we can see a downside price target of $17 being projected. A rally to $38 would turn this chart bullish, in my opinion. A decline to $26 would be a new low for the move down and would be bearish.
Bottom line strategy: Traders could start to probe the long side of TWTR here if not already long. Get more aggressive on strength above $38. Risk below $29 for now.