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Twitter Inc (TWTR) “On a long-term technical basis, the stock (TWTR) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 32.89 and 31.16. If the stock breaks down through support at 32.89 then it will probably continue lower to 31.16. The stock has resistance at 34.54 and at 36.55. If the stock breaks up through resistance at 34.54 then it will probably continue higher to 36.55. The 200-day moving average is at 36.55. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 32.89 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (56.46).”
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