TWTR #Twitter 1D Chart of our favourite Social Media platform.
- 1st SuperTrend BUY triggered. - Will watch #VCCB #VolumeColouredCandleBars for buying pressure. - Possible Swing Target (2nd Super Trend Resistance - 72.5. Corresponds to 0.618 Fib) - RS line curling up (RS = Relative Strength). Take note this is totally different from RSI (Relative Strength Index). We use RS to measure if an asset is outperforming a benchmark. The SPY is used as benchmark for this chart example. A Green RS line that is sloping upwards generally indicates the asset has stronger strength (outperforming the benchmark).
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