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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 34.54 and 32.45. If the stock breaks down through support at 34.54 then it will probably continue lower to 32.45. The stock has resistance at 36.52 and at 38.61. If the stock breaks up through resistance at 36.52 then it will probably continue higher to 38.61. The 200-day moving average is at 36.52. 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 34.54 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (62.03).”
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