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Tuesday, May 6, 2014

$twtr is interesting here

Technically, it should start seeing consolidation here, but structural confirmation is needed.

Its grossly oversold. A bounce should not exceed 35-37.5. If a pullback from the 35-37.5 level creates a higher low, from the high 29s, then twtr will have structural confirmation.

Fundamentally, twitter is seemingly worth more than Whatsapp. (Defiantly worth more from a revenue perspective.) From a flexibility-of-potential-revenue stream, it's potentially valued more too. (Whatsapp has no intention to become a gimmicky-social-messaging service like so many pooping up in Asia. That limits their potential.)

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