Technical analysis

Twitter Wave Analysis 11 December, 2020

Twitter Wave Analysis 11 December, 2020

• Twitter rising inside impulse waves 3 and (3)

• Likely to reach 52.80

Twitter continues to rise inside the minor upward impulse wave 3 – which belongs to the medium-term upward impulse wave (3) from the start of October.

The price earlier broke the resistance level 47.90 intersecting with the 61.8% Fibonacci retracement of the earlier downward correction (2).

Twitter is expected to rise further toward the next resistance level 52.80 (top of the previous impulse wave (1) and the target price for the completion of the active impulse wave 3)

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