TWTR, daily
Summary
Suffice to say, a classic case of broken support..and the stock now looks destined for a test of the Nov'25th low of $38.80.
Tuesday, 25 March 2014
TWTR - broken support, fading hysteria
Whilst the main market saw some moderate intraday swings, there was again some notable weakness in a few of the momo stocks. Twitter (TWTR), slipped a further -1.85% @ $47.87, the lowest level since Dec'9. With the key psy' support of $50 broken, near term outlook is most certainly bearish.
TWTR, daily
Summary
Suffice to say, a classic case of broken support..and the stock now looks destined for a test of the Nov'25th low of $38.80.
TWTR, daily
Summary
Suffice to say, a classic case of broken support..and the stock now looks destined for a test of the Nov'25th low of $38.80.
