Twitter starts recovering - Analysis - 15-11-2018

Economies.com
2018-11-15 13:52PM UTC

Twitter's stock rose in the intraday levels, with positive support from the 50-day SMA, while the RSI reached oversold levels compared to the stock's movements, marking a final profit of 1.29%, or 0.42 points, while buoyed by a positive pattern that formed in the short term. 

 

Therefore we expect more gains for the stock, targeting the resistance of 35.98, as long as the support of 32.28 holds on. 

 

Expected trend for the stock: Bullish    

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