DailyChartist

Twitter looking to resume the uptrend

Long
NYSE:TWTR   TWITTER INC
In my previous post, I've mentioned that there is a correction coming for Twitter and that was catalyzed after the social platform banned Trump's account.
Price has landed perfectly on the uptrend major support and formed yesterday a nicely looking pinbar.
RIS has turned from oversold zone and if you are more aggressive current price is tempting enough to enter long. I would wait for the additional confirmation from MACD. My long-term target is $58 if bullish conditions are confirmed.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.