dsorchestra90
Long

TWTR- Tentative Long?

NYSE:TWTR   TWITTER INC
I don' really know how to evaluate the fundamentals of TWTR             so this analysis is mostly about the chart..

Support seems to be strong from 35-37. I think the upside risk-reward is much better here, but probably need sell stops below 34ish. Gap left open at ~42, and the top of the parallel trend-line is ~50.

History is on the side of the Rising RSI & Bullish MACD cross-over as indicated by the arrows & trend-lines.

Right now I'm patient, but am interested to see where it goes.
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