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Twitter Inc
Long

Twitter gaining momentum

By RitchGBP
Updated
I've been holding this trade since Tuesday (today being Thursday) but Twitter finally seems to be gaining some upside momentum. Trading within the given channel we had a number of confluences align, starting with a perfect tap on the 0.382 fib retracement level. At the same time we also had a tap of the dynamic support (50 EMA) and 3rd bounce of 4 to complete the move. Enough bullish-ness will see us closing near $44 - $45.
Trade active
Target 1 reached
Trade closed: target reached
Chart PatternsFundamental AnalysisLONGTrend AnalysistwitterTWTR
RitchGBP
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