AVOID: Twitter ($TWTR) -With execs using $TWTR as their personal piggy bank, investors should avoid this stock like the plague

Things may get worse and the stock price may find itself in the teens.

$TWTR is at $50, but seems suspect despite the strong Ichimoku Cloud bullish signal issued this week

$VIX gapping down shows the bullishness that traders have

This can also be a warning sign so caution is advised.

The next important zone for $TWTR is $50-$54

A breakout above this zone is bullish and will serve as support

$TWTR is above $45 in after hours trading

$TWTR's volume was the first hint as it started to rise above its 50-day moving average

$TWTR started to rise this week as those in the know traded on inside information

$TWTR flashes a weak Ichimoku Cloud bullish signal as it closes above the 20-day EMA

$TWTR - Bearish signs and indicators all around

Bearish Signs

• Price below Ichimoku Cloud and below Kijun Sen (red line) (Red)
• RSI cross below 50 (Red)
• Stochastics  - Trending below signal line and below 50 (Red)
• PPO - Below 0 and pointing down toward crossing signal line (Red)

Ichimoku Cloud: $TWTR flashed some bullish signals although they were weak

Facebook and Twitter - the tale of two opposites when it comes to performance

$FB +42.8%. $TWTR -43.6%

All signs are bearish for $TWTR as it trades below the Ichimoku Cloud

#stockcharts

$TWTR has support around $40

Still below its 50-day moving average with no signs of upward momentum.

$TWTR seems to have support around $40

S&P 500 Sector Rankings

S&P 500 Sectors - Weekly Performance

All sectors were down for the week.

$TWTR seems to have resistance around $53

A break above resistance may trigger an new uptrend.

S&P 500 Sectors - Weekly Performance Rank

The S&P 500 is still in a long-term uptrend so the pullback is a buying opportunity

Check out this chart from StockCharts.com for $SPX

All S&P 500 sectors are down for the week with $XLE and $XLU down the most