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Twitter Daily Technical Analysis | 24 November 2017

2017-11-24 11:50 am | Resource: Technical Analysis Section | No Views : 290

Twitter broke through $ 20.84 during the week as a result of the pressure of the buyers on the social networking stock, currently facing the level of resistance 22.29.

 Twitter Daily Technical Analysis | 24 November 2017

The social networking site is trading in a bullish direction, with the simple moving average and the slow moving average moving positively.
The rate of change 12 is trading in a bullish direction under formation over the hourly interval in addition to, breaking the zero level and trading above.
As long as the US stock is trading at a high of $ 19.20, it might target 24.06 on the other side. If the stock is broken at 20.84, it might target 18.86. We recommend buyers to close the open positions and move the losses to an appropriate level.
Support: 20.84 - 18.86- 15.72
Resistance: 22.29 - 24.06 - 26.02
Trend: Up

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