Is TWTR a Buy Here?

TWTR has beaten earnings expectation on the bottom line and met the expectations on the top line, but is coming into market open down 8+%. I would say this is surprising given the price action, but I am not surprised at all. TWTR has a tendency to run up prior to earnings…and shit the bed no matter if the earnings are good or not.

I have been a longterm supporter of TWTR, and in fact have been o nthe platform for multiple years. I think it will continue to grow and has finally righted the ship after “being drunk” for multiple years.

Looking at the chart you can see the level I am looking at to hold is 31.40ish. Currently it is sitting right at that level and I will be watching this on the open. I beleive you can be long TWTR above 31 and be out below.

Let’s not make it anymore complicated than that, with earnings out of the way now, I believe we can measure price now from a quantitative perspective and get in at a good level if price gives us the opportunity.


Related posts

Are You Still Buying The Equity Bull Market???


Can Nvidia Get Back To $200 This Year???


A Great Way To Play Oil Higher Is Through The ETF, XOP – Part 2


Get involved!


No comments yet
Skip to toolbar