Twitter Consolidation Resolved To The Downside

Twitter Inc.

shares are trading lower by $0.21 at $15.80 in Thursday's session. After tight ranges and multiple closes just under $17 late last week and earlier this week, the consolidation period has ended to the downside. In today's session. it has breached the series low around the $16 level, falling to $15.56 and attempting to rebound. The current low coincides with its December 16 low low ($15.67). It has not closed under since February 12, when it ended the session at $15.88.