AngusMcK

Twitter could be at a good buy area.

Long
NYSE:TWTR   Twitter Inc
Looking at the well and truly oversold RSI now making its way back up after the big pullback and bouncing off support, Twitter could be worth a look.

Certainly at the bottom of its linear regression channel.

It has a gap to fill. Could be 20% in it.

Comment:
Comment: Nice textbook bounce above.
Comment: Nice 30% run so far. Approaching earnings and its upper range so I'd look to start tightening any stops if you are playing the swing on this.
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Comments

This played out beautifully
+1 Reply
AngusMcK Wicktator
@Wicktator, so far so good. Should be more upside in it.
Reply
im positive it is about to change trend and going to sell off hard to $25.
+1 Reply
AngusMcK shaxrashid
@shaxrashid, you could be right. Time will tell. I would have a stop at say $44 to cover my downside.
Reply
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