Tuesday, February 16, 2021 2:48 PM EST
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.
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Are you sure? The first top is not a top at all, this will easily double from here, massive shortsqueeze alert