Technical Analysis – Twitter stock price remains in a bearish correction

Twitter 27/11/18 | EconAlerts

Twitter stock jumps slightly higher in the bearish correction area. The Twitter stock remains under selling pressure after the bounce off the 47.70 resistance level on June 15. However, over the previous sessions, the price climbed within the 20- and 40-simple moving averages (SMAs) in the daily timeframe and is currently trading above the 50.0% Fibonacci retracement level at […]

Technical Analysis – Twitter hovers below moving averages

Twitter 05/10/2018 | EconAlerts

Twitter stock hovers below moving averages; holds in bearish correction mode. The Twitter stock remains under selling pressure after the bounce off the 47.70 resistance level on June 15. Additionally, over the previous sessions, the price dipped below the 20- and 40-simple moving averages (SMA) in the daily timeframe and is currently trading within the 50.0% and 61.8% […]

Technical Analysis – Twitter stock in a declining channel

Twitter 27/07/18 | EconAlerts

Twitter stock stands within a negatively aligned channel in the near-term. Twitter stock has declined considerably after it touched a more than three-year high of 47.76 on June 15 and has been developing within a downward sloping channel since then. Additionally, over a previous couple of sessions, the price dipped below the 20- and 40-simple moving averages […]