Wednesday, July 30, 2014 1:24:26 PM
Shares of Twitter (TWTR) are surging over 20% today after the company released a strong earnings report last night and posted a surprise profit. Twitter also grew monthly active users to 271 million.
So what is ahead for the stock over the next three months? Now that the good news has returned, Twitter (TWTR) will likely form a solid base in the mid $40's and resume the uptrend that began during the World Cup. TWTR will have strong resistance up around $50 as well as the $52's. Support is located around $45.
Twitter remains a strong buy on all major pullbacks going forward. The company is expected to rapidly grow earnings rest of 2014 and 2015. Watch the following support & resistance levels in August.
No Private Messages!
I trade Not post for a living!
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM