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Twitter, Inc. ( $TWTR )- stock is trading under 50 dollars and offering a possible buying price between $42.45 – $44.57. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a wild consolidation after it’s July 2018 broke down.
3. The stock finally broke out in late April.
4. The stock quickly fall into a reaction and gave up almost all the breakout gains.
5. The stock brokeout again in a heavier volume.
6. The stock also found support at the 50 day moving average during the breakout.
8. The stock is offering possible buying price between $42.45 – $44.57, with a stop loss at $39.05.
This stock is already part of our Stocks Under 50 Dollars pick and performance will be tracked here.
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