Twitter (TWTR) rallied back above the 50 day moving average on Monday. 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 $36.44, $35.90, and $35. 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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