Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Twitter's stock (TWTR) fell in the intraday levels, registering another loss of 0.41% in the last session, or 0.10 points, as the stock tries to gather momentum to help it rise anew, after the pivotal resistance of 25.25 held on, amid positive pressure from the 50-day SMA, with the dominance of the upward short-term trend, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher, provided the resistance of 25.25 was breached, targeting the next one at 26.73.