Twitter (TWTR) was mostly flat on Wednesday but is still trading around $38. Twitter (TWTR) continues to attract buyers due to the low share price and the fact that World Cup tweeting is surging. Support is now located at $37. TWTR will need to break above $38.55 & $38.80 to keep advancing from here. 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.
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