Twitter is in parallel channel past 8 years. and it has tested both the upper and lower elbow 2 times.
recent buying from EM has brought the demand from the middle of the channel.
Once the trendline is taken out. it has try to hit upper channels in few week/months
Twitter Share prediction Cmp 48.93 Long term target 70$-75$. As we know that Twitter vast userbase & the favorite social media site used by Elon Musk. We predict we rise in the near future and technical analyses are matching perfectly,
Twitter strong support at 43-44 $
Short term trades can be taken with keep 42.5 as SL.
medium to long term candle stick analysis showing a probability to trade at 36-40 $ before next up move.
Tesla Inc Chief Executive Officer Elon Musk has started a Twitter poll, asking users if they want an edit button.
"Do you want an edit button?" tweeted Musk, who has revealed a 9.2 per cent stake in the micro-blogging site, making him its largest shareholder.
Social media names have gotten crushed recently and with the market where it’s at, they might come down a bit more if we roll over. I think Twitter off that 48-50 area offers a great spot to watch for buyers to show up. The monthly 20sma will adjust Monday morning, which I’m guessing will be somewhere in the low 50s. You have your quarterly pivot down at 49.17 and...
Hello, This is my Technical Analysis for Twitter.
According to my analysis the price will go up.
We should take entry at 61.90
The 1st target should be at 65.15
The 2nd target should be at 67.11
Stop Loss at 60
Note: This is just a Technical Analysis (it doesn't guarantee that the analysis will always be the correct) if by any chance we don't reach to our...
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