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Twitter Inc ready for a new high?

Twitter Inc is moving sideways or rather consolidating sideways after a gap up. The hourly chart is witnessing a Rsi divergence. Prices have taken support on the trendline and rolled up.

A move above 33.90 levels. The RSI have taken support on 40 levels. Longs to be created only above the 33.90 levels. Failure to close above this level will render stock into further consolidation.

 

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