RitchGBP

Twitter gaining momentum

Long
NYSE:TWTR   Twitter Inc
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

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