Twitter Inc TWTR shares are trading higher by $0.24 (1.3 percent) at $18.50 in Wednesday's session.
The issue had a nice boost off the open following an upgrade from BTIG Research, which changed its rating on the issue from Neutral to Buy with a $25.00 price target, one day ahead of Twitter's Q4 report.
Its much higher opening tick of $18.77 has turned out to be the high for the session. That was a dime over its recent high for the move from Tuesday's session.
Longs seized on the overnight windfall and instigated a quick move lower. Eventually the issue found support just above Tuesday's low ($17.99), only reaching $18.05 and staging a rebound.
In order to post a new closing high for its recent rally, it would need to end the session above Tuesday's close of $18.26.
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