TradingView
SpinTrades
Dec 13, 2020 3:30 PM

TWTR over 53.89 (Multi-year breakout) Long

Twitter, Inc.NYSE

Description

Shown here on the monthly view, TWTR is working on a huge breakout. From a fundamental perspective I believe its waiting on news regarding either: 1. Subscription or recurring revenue business model 2. Leadership particularly Jack Dorsey the CEO. I like Jack but he splits his time between TWTR and SQ. You have to wonder how this company would be run with a full-time CEO. There have been rumblings about a shift so we'll see what the new year brings. I will be taking a long position with enough time ahead of the news but a breakout over this monthly resistance should yield a big move.
More