Twitter IncLong
$TWTR forming an ascending triangle potential breakout
TWTR is forming an ascending triangle on the daily chart. Moving above the EMAs and RSI is moving in a trend as well. No play yet but could break to the 46 dollar mark when it moves above the triangle top. I’ll be taking this play in options myself so I figured I would post the charting. Like always market direction will impact this move. Volume and a candle close on the 5 minute chart above the triangle top will confirm the move. Not advise just my opinion on charting alone.
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.