Twitter (TWTR) stock has surged more than 10.0% so far in December, after rebounding 12.5% in November.
The share price of the US social media service provider Twitter (TWTR) has jumped more than 10.0% so far in December, after rebounding 12.5% in November.
On December 10, the Twitter company launched an integration with the Snap app, where Snapchat users could share tweets directly to their Snapchat story. It is reported that Twitter will test similar functionality on Instagram.
From a technical standpoint, the Twitter share price (TWTR) is maintaining its bullish momentum as seen in the daily chart. It broke its previous high in October without showing a bearish divergence from the RSI. The level at $ 49.50 USD could be considered the closest support, while the 1st and second resistance should be located at $ 61.50 USD and $ 67.00 USD respectively.
Analysis by George Lam, Forex.com » Official site
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