Long

TWTR Gap fill potential to 62-64

Updated

TWTR could be forming Cup and Handle pattern, which will result in break above 56 resistance level and Gap Fill to 62-64 level. With the new paid subscription service, investors will definitely be interested to capitalize on it. Watching.

Trade active

Didn't quite get to 62, so we could start closing position or fix 75% of position and leave the rest to go to 64 level.

Trade closed: target reached

I see a 68 level as a major resistance, so I suggest we close the position. However, the whole tech sector is showing strength, wouldn't be surprised if TWTR goes to 70-72 levels. The choice is yours, but I'll play it conservatively and fix the profit.

adilbekkubayev

Also on:

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.