Twitter broke through ~$34 resistance briefly today only to close at resistance. Accumulation appears to have flat-lined in this most recent move back to $34. Expecting resistance to hold and retrace 5-10% in the near term.
Note: A close above resistance on strong volume this week would negate this analysis. Informational only, not investment advice.
Note: A close above resistance on strong volume this week would negate this analysis. Informational only, not investment advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.