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Saturday, June 14, 2014

Twitter (TWTR) Stock Analysis 6/16/14 June 16, 2014

Twitter (TWTR) Stock Analysis 6/16/14 June 16, 2014 - @Stockstobuy -

Twitter (TWTR) rallied almost 11% last week and is now retesting the 50 day moving average after spending the last 4 1/2 months below this key level.  Twitter (TWTR) briefly traded above the 50 day on Friday but usually the first few attempts fail and we see a correction.  That correction happened Friday morning when TWTR hit $37.25 and then dropped to $35.90.  Support is now located at $35.90, $35 & $34.66.   The next big catalyst for TWTR will be earnings in July.

I'm expecting TWTR stock to hit $75-$100 within the next 18 months but shares will continue to be volatile which is good for trading.  Right now, the bottom is in at $29.51 and the trend is up.

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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