From the above chart of TWITTER, we are able to see that TWITTER is at a very important trendline resistance around 49$-50.5$. RSI is in overbought zone and it too is showing some divergences which is a very dangerous. TWITTER'S upmove can be arrested if it does not close above the trendline resistance with a breakout on the RSI. I feel lower levels are possible. CMP(49.63$)
No comments:
Post a Comment