$TWST - bullish

Mapping out a target for $TWST. C/H in process? Solid bounce off the fib level, vol profile and EMA. Technicals and oscillators are strong. Price above and nicely aligned with EMA’s. Bullish MACD. RSI is high which would time out with a subwave 4 before testing ATH.

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beats earnings, improves outlook - increase EPS and sales and gets downgraded by JP Morgan to $100/share? That would put it well below the 200 day MA...Ridiculous.

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The C/H was invalidated but the vol profile support held and it is forming a wedge... there is now also a gap to fill to the upside.

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...and JP Morgan for the win.

jonwayne02

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jonwayne02