Cheep Cheep! (TWTR)
Twitter has had decent sell off since the time of the 14th of March. It has gone through some major support areas and managed to bounce off to the $27.68 area. The old support new resistance are around $27; $30; $32; $34. Today there was a gap in the open where yesterdays close ($30.4.) was, and the recent consumer confidence both support for higher tech gains. Twitter's bounce this morning has been consolidating around the $28-$29. I see a buy opportunity but that isn't until resistance is broken and/or retested. Watch for a bullish crossover and continuation of trend by the RSI. Recommended to buy at green, observe at red. Trade at your own risk, and consider your own analysis for an investment.
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