Sunday, May 17, 2015

$TWTR homes in around $37-$38

Daily Chart - Ichimoku Cloud Analysis
  • $TWTR seems to have found a home around $37-$38
  • $TWTR is bearish since it trades below the Kumo (cloud)
  • Tenkan Sen is pointing downward, but will flatten showing no price momentum
  • Kijun Sen has crossed below the cloud adding to bearish confirmation
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