xtremerider8

TWTR ma ribbon & cloud support; big move coming if BO downtrend

Long
NYSE:TWTR   Twitter Inc
TWTR is currently at a very important junction. There is the cloud & a convergence of moving averages giving strong support.
Moving averages ma50 x 150x 200 x100 with price holding ma50 in the last few days. If you draw a downtrend line from recent tops, price is crawling exactly on the line
trying to breakout.
Price may still consolidate & further constrict the Bollinger Band before BO.
not trading advice

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