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Twitter Inc Crosses Above its 10-day MA (TWTR)

By James Quinn

Today, shares of Twitter Inc (NYSE:TWTR) have advanced above their 10-day MA of $35.04 on a volume of 41.5 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Twitter Inc has traded in a range of $26.19 to $47.79 and is now at $39.07, 49% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Twitter Inc and will alert subscribers who have TWTR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses twitter inc

Ticker(s): TWTR