2waytrading
Long

Bullish Doji Star

NYSE:TWTR   TWITTER INC
106 0 1
This is a follow up to our last week post which we think the coming earning will be a game changer. We still see the company will report strong numbers and guide higher. Bullish Doji star could be early signal for a possible trend reversal. The stock has been in a free fall which many technicians have seen a worrisome when the stock high all time high with evening bearish star which was a very strong bearish signal and the stock lost about 60% and gained from the low of May 47% with LH and lost from June high about 16%. Now, this bullish doji star may lead the stock to reclaim its glory ALT in just 3-6 months. Long term investors can initiate a good trade after earning if things turn out to be rosy with target price $52 and $67 respectively. If it disappoints expect a new lower low and probably all the way back to $20-$18 area next few weeks, I highly doubt that will be the case.
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