Twitter (TWTR)

Apr 25, 2020 TeP Education
The image grabbed via google.

Twitter will now test the resistance at the 50% Fibonacci level, if it can successfully break the barrier at 30 USD levels we can see the asset will go on its way to an average price of 30.19 USD.

As per chart, clearly making an uptrend move and psychological support of 25.50 is the nearest pullback. As to the 52-week range, TWTR registered a low of 20 USD and a high of 45.86. It would be nice after the crisis will see twitter tweeting that the company shares are hitting a new all-time high! As to when? that would be a Million dollars question that needs to be answered in the future.

Technical insight only. Not investment advice. Exercise due diligence your capital is at risk.

By Bengsky

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