23.08.2016 - Price of Twitter will likely continue to decline

The price of Twitter failed to overcome an inclined resistance line and started a sharp decline during which has broken an angled support line and reached the level of 18.75, below which is trying to gain a foothold at the moment. In the case of fixation lower than this level, we expect a continuation of the negative dynamics with the objectives at 17.60 and 15.50. We expect the price to drop in the near future.

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