Thursday, August 7, 2014

Twitter Inc Holds Bullish Pattern: See It Here

Twitter Inc (NYSE:TWTR) continues to be one of the few positive charts in an otherwise dismal market. This longer term (multi-day) bullish consolidation tells smart swing traders that if the market bounces, Twitter will lead the charge. Granted, it is a big if, but this stock should be at the top of the list for longs when a market snap back occurs. If you want a level to look for a break-out, watch for price to get above $44.50 and hold. Please note the Twitter Inc chart below.

Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com