Twitter Wave Analysis 23 September, 2020
September 23, 2020 @ 17:07 +03:00
• Twitter broke resistance level 43.70
• Likely to test 45.50
Twitter today opened with the sharp upward gap breaking above the resistance level 43.70 (top of the previous short-term impulse wave (iii) from the start of September).
The breakout of the resistance level 43.70 continues the active short-term impulse wave C from the end of June.
Twitter is expected to rise further toward the next powerful resistance level 45.50 (which stopped the sharp uptrend in September of 2019) – from where the price is likely to correct down.