olly48

Twitter - Overbought Now Retrace to Support

Short
NYSE:TWTR   Twitter Inc
This is very overbought, even on monthly RSI which makes a retrace likely. Also it is equal to previous all time high levels and so far has not been able to break above this resistance.

For a target TP 0.618 Fibonacci aligns perfectly with previous structure at $56.11. First we need to see more rejection from resistance before entering a short.

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