Twitter garners positive momentum - Analysis - 09-11-2018

Economies.com
2018-11-09 11:50AM UTC

Twitter's stock fell 2.31% in the last session, or 0.81 points, while still buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern, with positive support from the 50-day SMA, as the stock gathered momentum to help it rise anew, while also venting off overbought saturation in the RSI, readying thereafter to tackle the resistance of 35.98. 

 

Therefore we expect the stock to return higher, as long as the support of 32.28 holds on, targeting the resistance of 35.98. 

 

Expected trend for today: Likely Bullish 

Stocks Technical Analysis

United States Analysis

Stocks

Generac price surrounded with positive pressures - Forecast today - 25-04-2024
2024-04-25 12:18PM UTC
Generac Holdings’ stock price (GNRC) kept rising in the intraday levels, amid the dominance ...
United States Analysis

Stocks

Comcast price gives in to negative pressures - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Comcast’s stock price (CMCSA) fell in the intraday levels, amid the dominance of the downward ...
United States Analysis

Stocks

Moderna price readies to tackle pivotal resistance - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Moderna’s stock price (MRNA) rose in the intraday levels, while tackling the pivotal ...