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profprof
Sep 7, 2016 6:36 AM

TWTR long Long

Twitter, Inc.NYSE

Description

golden cross, bullish MACD divergence, new monetization ideas, possible buyout, very socially embedded service with great potential. hold this long for 2+ years. stop loss 13.8, target 24+

Comment

buyout talks gapped it up to 22ish. presidential debate live on twtr on monday. google CRM potential suitors. at this point twitter is pretty much a public utility, most breaking news come from it, very embedded. reminds of FB in the 20S when it was embedded but couldnt monetize

Comment

now disney bid talks. tweety bird
Comments
chartsmaster
A stop loss 30% below where stock is trading doesn't seem too usefull? I am bullish and have been since just below 16 but shouldn't you either choose a better point for a stop loss or since you are talking about a two year holding period don't even bother with one?
profprof
I see upside at previous highs as high as 55, so the R/R ratio of 1:5 is pretty good imo. breaking ATLs will invalidate bull case
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