Twitter: Musk abandons deal - Have the Bulls abandoned it too?Twitter - Short Term - We look to Sell at 38.32 (stop at 41.62)
This stock has recently been in the news headlines. This has resulted in the medium term bias being for lower levels. We have a Gap open at 38.32 from 07/07/2022 to 08/07/2022. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies.
Our profit targets will be 31.70 and 30.00
Resistance: 38.32 / 39.51 / 41.29
Support: 34.39 / 32.52 / 31.70
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