Twitter Continues To Be Range Bound

Twitter Inc TWTR shares are trading higher by $0.12 at $14.55 in Monday's session. The issue is experiencing one of its longest consolidation phases since it debuted in November 2013.

Since May 5, it has closed all 13 session in the mid-lower $14 handle. It has also traded in little over $1 range. On the downside, it has found major support at and just above its all-time low of $13.90.

On the upside, it has not been able to climb into the $15 handle, with its May 5 high ($14.98) being the upper end of the range.