Twitter $22.50 Call Exp: 2/9/18
-Charts looking strong leading up to their earnings release on 2/8/17.
-MACD looking to cross over below 0
-Price currently holding on strong resistance around $22.16
Trend Analysis:
-->Looks to be breaking resistance at $215. Strong earnings will likely allow the price to break through.
-->Hit support early today around $208
Indicators & Overlays:
-->MACD looking to cross over close to 0
-->DMI+ looking to cross over DMI- in an upward trend
-->RSI showing resistance at 40 and moving upward back to the 80 range
Indicators looking bullish:
MACD --> Intersection below 0
MACD+SMA --> Faster (thiner) line on pace to intersect slower (thicker) line
ADX & DMI --> ADX line (black) trending upward while DMI+(green) recently made the intersection over DMI-(red)
Stochastic --> overbought with resistance at 40
