KrunchieKilleen

Twitter spike following FaceBook quarterly report

NYSE:TWTR   TWITTER INC
60 0 1
Twitter share-price spiked after Facebook's very strong quarterly report. It is uncertain, however, that the spike can be regarded as a break-out from the downtrend. This is the second spike in two weeks. Opinions differ as to whether the growth in Monthly Average Users will be sustained and whether monetization is improving. It is no longer possible to be certain that the current downtrend will continue. It is likely that confidence in the company will bear up at least until the quarterly report on 29 July 2014.
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