TWITTER INCLong
TWTR- Tentative Long?
I don' really know how to evaluate the fundamentals of TWTR so this analysis is mostly about the chart..
Support seems to be strong from 35-37. I think the upside risk-reward is much better here, but probably need sell stops below 34ish. Gap left open at ~42, and the top of the parallel trend-line is ~50.
History is on the side of the Rising RSI & Bullish MACD cross-over as indicated by the arrows & trend-lines.
Right now I'm patient, but am interested to see where it goes.
Support seems to be strong from 35-37. I think the upside risk-reward is much better here, but probably need sell stops below 34ish. Gap left open at ~42, and the top of the parallel trend-line is ~50.
History is on the side of the Rising RSI & Bullish MACD cross-over as indicated by the arrows & trend-lines.
Right now I'm patient, but am interested to see where it goes.
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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.