After more disappointing results from Twitter this week the stock took a nose dive down to the 37 mark. It is the largest daily move since the company was floated in Nov 13.
I feel as if it has now been oversold and this is a great opportunity to get a long with potential to hit $46 in the next few weeks. Technically price has reached the ascending trend line and we should see a bounce from here.
If price continues to descend 36 will be a more optimal level to enter at.
Stops at 34.
I feel as if it has now been oversold and this is a great opportunity to get a long with potential to hit $46 in the next few weeks. Technically price has reached the ascending trend line and we should see a bounce from here.
If price continues to descend 36 will be a more optimal level to enter at.
Stops at 34.