Technically it's having some trouble breaking out above the cloud but it should happen this week. Then the cloud should become support for this stock. RSX shows it's a little overbought indicating it may consolidate a little more.
General consensus on this stock seems to show some concern - however there isn't much expectation either. I am expecting Twitter to hit $45 before earnings and I believe this earnings would be beat.
Although changing their CFO before earnings could be seen as a bearish move, I do believe it was long due and it's for the better of the company.
Follow me on StockTwits:
stocktwits.com/SHIGGA
General consensus on this stock seems to show some concern - however there isn't much expectation either. I am expecting Twitter to hit $45 before earnings and I believe this earnings would be beat.
Although changing their CFO before earnings could be seen as a bearish move, I do believe it was long due and it's for the better of the company.
Follow me on StockTwits:
stocktwits.com/SHIGGA
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