Twitter Inc. Stock Code TWTR.NAS
Price broke above the cloud on 1 April 2022 and had stayed above the cloud. A correction followed after price reached a high. The correction was supported by the Base line and the cloud, keeping the uptrend intact. Conversion line and Base line remained in a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish with both its lines high above the zero line. We think that price is likely to move to the previous high at $54.57, in the next 2-3 weeks’ time.
$54.55 Price Target
$40.08 Risk Management Stop
3 weeks Trade Duration