Twitter (TWTR) shot up into the $39's on Thursday and continues to break out. On Friday, the 10 & 50 day moving averages will cross which will signal a trend reversal. Twitter (TWTR) should find buyers on every major pullback from now until earnings. Resistance is located at $39.69 & $40.
I'm expecting TWTR stock to hit $75-$100 within the next 17 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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