Twitter $TWTR and other social media companies like Facebook $FB and Snapchat $SNAP all fell today. This comes after news that Israel might sue Twitter over failure to essentially remove content from "terrorist organizations" (CNBC)I think we will see some more decline, especially if the overall market is tentative. But TWTR could be a buy-on-the-dip candidate. TWTR Daily Chart(click to enlarge)Bearish Short-term:- To me, if TWTR is bearish, the culprit is more likely general market sentiment. - This is not the first time the company had to deal with issues related to censorship.- But I think TWTR turned an important leaf last year by finally turning profit. - Also, I personally feel like twitter has staying power at least for the next couple of years. (It is never wise to have long-term views on tech companies). - In the short-term however, we might indeed see a slide.- I think a great price to buy Twitter if it retraces this far, is around $25.50. - But even around 27.60 (around the 200-day simple moving average), we can start anticipating support.