Twitter readies to tackle current resistance - Analysis - 12-12-2018

Twitter's stock rallied 3.05% in the last session, or 1.02 points, readying to tackle the resistance of 35.98, with positive support from the 50-day SMA, coupled with positive signals from the RSI, while buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern. 

Therefore we expect more gains for the stock, especially if the resistance of 35.98 was breached, targeting the next one at 42.14. 

Expected trend for today: Bullish