On the weekly chart for TWTR, a few things are catching my attention for a long position, or call options. It seems we are at the bottom of this symmetrical triangle pattern, showing some clear hidden bullish divergence on the RSI, as well as the MACD starting to put in a bullish cross. I will continue to watch this for a break up or down out of this symmetrical triangle in the future. I am personally looking for a break up, but we all know, nobody knows.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.