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sabiodun
Apr 23, 2014 9:16 PM

Bullish on $TWTR  Long

Twitter, Inc.NYSE

Description

TWTR broke through the trendline from its last earnings announcement high. Watch for a break of 47.27 with short term target of 51.98
Comments
sabiodun
This is a follow up on this trade idea I posted about five months ago. It's highly imperative to be patient in the market (although strict money management is advised, however, adherence to using stop losses often shake one out of a good long term trade, which over time can prove to be expensive insurance). Anyway, for all my folks that jumped on this trade, TWTR now trading around 51.70 (it's your call, you can peel off the onion now and take profit, or hang on for more possible upside ride). Nevertheless, don't forget not to fight the trend --- it's the only friend you have in the market.
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