Simon-Rose

Going to buy twitter based on pivot points

Long
Simon-Rose Updated   
NYSE:TWTR   Twitter Inc
I just watched all the reports about twitter missing earnings etc. On the chart i see all my pivot point weekly & monthly are broken down so I don’t think this can go further down without a pullback technically.
On the fundamental side I still think twitter is one of the most important messaging services in the world where news spreads very fast and topics are discovered through hashtags etc. So I think This is a Great opportunity to get some cheaper shares of this company.
Short term target would be gap close for me.
Comment:
We got another slightly push down the monthly S4 but bears are not that powerful here with selling power declining. Lots of good entries for long here, TD sequential got us a red9 (1hr) with a nice rebounce towards the Resistance now ready to break up

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