Broke out of daily downtrend line - 24$ next

NYSE:TWTR   Twitter Inc
$TWTR managed to stay above the broken trend line throughout last week's volatile price action.
16$ is now a support zone which includes also the Fast SMA line (currently support).
Nearest resistance is near 19$ and it comes with the 50 days MA.
In case of a breakout above 19-20$, next target zone, will be 24$ - Downtrend line and 200 days MA.

Buy zones - 16-16.5$ (structure and MA line), 15.5$ (structure, broken trend line and 61.8 Fib level)
Read more about this setup and other trading scenarios for the week - in this week's newsletters:

To subscribe to the newsletters -
Follow my blog -
Subscribe to my Youtube channel -
Comment: Price re-testing support zone - Potential continuation move although cautious is required.
Read updated analysis here
TWTR below SMA lines again but above broken downtrend line. Potential continuation towards 22$and 24$.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out