Twitter Higher

Twitter Inc (NYSE: TWTR) shares are trading higher by $0.44 at $25.67 in Wednesday's session. It found support one penny below its opening print at $25.16 and began to move higher. The low is coincides with its lows from the last three sessions between $24.90 and $25.16.The ensuing rally climbed over $26, but the issue found resistance just ahead of its November 13 high ($26.16), only reaching $26.09. It has not closed over $26 since November 12, when it ended the session at $26.13. The lowest close for the recent slide was made the following day at $25.18.

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Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

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