TWTR trade ideas
TWITTER looks weak at current levelsi see the stock may extreme pressure in coming days !! even 20$ cant be ruled out
twitteri see the stock shall see levels of 20 $ in couple of days , .. its very weak as per charts .
Twitter Most Likely Has More Upside. $TWTR-Stock up over 10%% since last post.
-Options action suggests that the uptrend will last for a while.
-It broke out of a channel on heavy volume and may continue moving higher.
Twitter Fake Account CleanupTrade of the day. Today Twitter announced that huge account suspension (Twitter Bots); It smoked twitter. But management clarified on the number of accounts taken down.
It is good for the longer term and there is no direct impact on the revenue. Expecting a full recovery.
Twitter Looking Good Here. $TWTR- Stock bouncing off nicely off of the ascending trend line.
-Approaching key resistance.
-Bullish MACD, RSI, and Stochastic.
-Volume drying up during the recent consolidation.
Not an investment advice. Do your own due diligence.
