Twitter $twtr reported earnings this morning as is presently trading over 9% higher. We have been talking about this one for a while and I felt that this may be the time they turn the corner. The chart was holding up well and getting very tight, the commander in chief uses this platform daily, and Jack is a smart guy and innovator. The chart is breaking up and needs to hold 36 to REALLY matter.
Percentage beats year over year across the board in revenue which is huge! Y/Y beats are the trend setter and ones that matter! We saw total revenue, ad revenue, data licensing revenue all go up by 20%ish. And the stock has responded.
Oh I would love to see the power earnings push to above 40 today!! Let’s go!