Twitter Inc (TWTR) posts tentative long-term buy signal this week,
confirmed with Friday settlement above channel resistance
On Tuesday Twitter (TWTR) settled above long-term channel resistance, now support at 52.86. Presently trading 54.03, a weekly close Friday in TWTR above 53.39 (1% violation above 52.86 long-term channel resistance) would indicate the upper 50's within 2-3 weeks, but of greater significance would be the 8-12 month target the 75.00 - 85.00 region.
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