TWITTER INC

TWTR Support has become Resistance

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This is the daily chart on Twitter TWTR. The Head and Shoulders formation has played out to some extent as we are now well below the neckline in pink. $28 acted as support for a time but has now flipped to resistance (black line). I've sold the put options I was holding and taken profit as the chart looks indecisive, especially with earnings coming up on 10/25. My suspicion is further downside as TWTR has overhead resistance in the form of the $28 level and the downward dotted trendline.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.