Twitter Inc is a social media company based in the USA.

From a technical aspect Twitter looks negative, though major longterm support sits just below and will be a major pivotal point for the stock. MACD is strongly negative with RSI reading 33.4, which is near oversold conditions. As the chart shows, the orange line is the major trendline holding the stock up right now with support at the $52-$53 level. If Twitter breaks this, then the stock has the potential to fall to $45 and then $39. Looking to the upside, Twitter could bounce from here as the stock is near oversold conditions, but multiple levels of resistance sit above. Firstly $60, followed by $66.81 and then $72. A retracement is very possible and small gains could be made on a possible bounce-back.