My goal with this blog is to post a simple technical read on some of the hottest stocks being discussed on social media during the week. By applying the KISS method (Keep it Simple, Stupid), I am hoping to reach those who seek a better understanding of how technical analysis impact a stock's price movement. I will only apply very simple technical reads, such as support, resistance, breakouts, channels, etc.
Thursday, December 10, 2015
TWTR Chart 12/10/15
Twitter had a very impressive run on Thursday, but if it wants to continue, it will need to break a very strong resistance point at $26.50. Expect some issues getting through here tomorrow: