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Post# of 80372
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Re: The_Free_Nebula post# 79580

Sunday, 12/15/2013 6:06:58 PM

Sunday, December 15, 2013 6:06:58 PM

Post# of 80372
Neb, i figure i would hit you here instead of the TWTR board... don't want to start a ruckus.. not much for bashing... but like you mentioned, the upper bollie is dragging up with the price which is much better than not dragging up, though the price is still above the upper bollie... but looking at the RSI showing well past the powerzone area and showing overbought (mid 80ish).. having said that, if enough short term and long term investors are into TA and seeing that TWTR is overbought could cause them to sell partial positions if not all for the short termers causing a domino effect... hence a pullback. but how much of a pullback is the question?!?.. if enough... would make a day traders dream... would you not agree?... just my opinion

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