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Thursday, May 8, 2014

Twitter (TWTR) Stock Analysis 5/9/14 May 9, 2014

Twitter (TWTR) Stock Analysis 5/9/14 May 9, 2014 - @Stockstobuy -

Twitter (TWTR) stock rebounded back to $33 on Thursday after bouncing off $29.51 on Wednesday.  Support is now located at $31.13 as well as $29.51.  If $31.13 is broken, assume TWTR will be retesting the low.  On the upside, Twitter (TWTR) was severely oversold and a lot of short sellers covered.  If the stock breaks $33 on Friday, look for more upside.

From a long term standpoint, the trend is still very much down.  The 10 day moving average will come into the picture next week and was down to $37.57.  A close above the 10 day moving average at any point is very bullish and all short sellers should cover and go long.

For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014


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