Twitter (TWTR) continues to be volatile as we get closer to earnings on February 5, 2014. Today Twitter's price target was raised to $65 by Goldman Sachs. I like the risk reward here since TWTR is down almost $20 from the high. Long term, Twitter will have to prove it can beat analyst estimates and raise guidance to support the current valuation. Sell TWTR above $70, buy below $60. TWTR will have support at $55 with resistance is located at $60.38. If you trade Twitter, join us in the stock picks group where we discuss the stock almost daily.
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