11.07.2016 - Twitter quotes probably will continue to rise after the correction

Twitter share price corrected after reached an inclined resistance line and could not overcome it. As a result of correction quotes returned to the important level of 17.60 and consolidation above it will be a strong buy signal with potential targets at 20.00 and 22.00. In case of further reduction within the correction, prices may reach the levels 16,80-17,00 below which we should set a stop when opening long positions. We forecast growth of stocks in the coming months by 15-20%.

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