More evidence of bullish reversal pattern on TWTR
Daily chart has a possible reversal pattern.. 1hr chart confirming possible reversal. Falling wedge pattern with 2-3 touches, DMI reading 19 going to 20, indicating switch from non-trending to trending. RSI breaching 50 line indicating uptrend with support from highs/lows not breaking. Stochastic slow about to break resistance indicating a switch from nontrending to trending. MACD reading deviation into the upside with support from DMI and stochastic confirming switch to trending.... Its either a pennant or symmetrical triangle in recent weeks, cant tell if were going to consolidate for a bit, or fall to support on daily wedge before a swing to the upside.
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