TWTR is overdue to test its previous high from July
- The bottom of the recent downtrend offers a bullish divergence pattern
+ Friday gave conformation of pattern
- Fibonacci Retracement put resistance level at $69.61
+ suggest using support level before
- TWTR looks to break trend line September 27
+ look for a bounce off support level for entry
+ 50 EMA was a previous support level
There may be a lot of selling of TWTR earlier in the day September 27, but the potential down vote the infrastructure deal may offer a new trend line.
** for details on the infrastructure bill and how it will impact tech stocks check out my idea on my recent MSFT post
- The bottom of the recent downtrend offers a bullish divergence pattern
+ Friday gave conformation of pattern
- Fibonacci Retracement put resistance level at $69.61
+ suggest using support level before
- TWTR looks to break trend line September 27
+ look for a bounce off support level for entry
+ 50 EMA was a previous support level
There may be a lot of selling of TWTR earlier in the day September 27, but the potential down vote the infrastructure deal may offer a new trend line.
** for details on the infrastructure bill and how it will impact tech stocks check out my idea on my recent MSFT post
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.