Twitter Sell Alert: Chart Double Top

Shares of Twitter Inc (TWTR) tagged a major double top today at $74.75. This creates a Twitter sell alert for investors and traders. Not only is the stock chart at a major resistance of double top but the RSI is at 85 (insanely overbought) and price is 78% above the daily 200 moving average. A pullback in the coming months to $60.00 is likely.

(Click on image to enlarge)

Disclaimer: All comments made by InTheMoneyStocks, LLC and its subsidiaries, instructors, and representatives are for educational and informational purposes only and should not be construed as ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Alpha Stockman 2 weeks ago Member's comment

Are you sure? The first top is not a top at all, this will easily double from here, massive shortsqueeze alert