Hornetcharts

Twitter long

Long
Hornetcharts Updated   
NYSE:TWTR   Twitter Inc
Here is an easy ta for Twitter long:

TWTR is is oversold and trend looks like want change. So here we are in same position like with roku- try to trade breakout.

Indicators:

RSI: Oversold, volume is coming back, bullish signal
MACD: Crossing, tendency bullish signal
Fiboncacci Retracement: Two supports, 50 % and 38 % (resistance was broken working now as support)
200 day SMA:is above, bullish signal
50 day SMA: close to, no signal
Volume: Is rising,bullish signal
Candlestick: shows short up-trend, bullish signal

I want to show you a trade for long position to ATH
Around next resistance at 35 $ mark you could take first profit.

Good luck for your trading :)





Trade active
Trade closed: target reached

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