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Wednesday, July 30, 2014

$twtr still not overbought on the weekly charts

Interestingly enough, this big move has not put twtr in an overbought condition via the weekly oscillators. And sentiment seems fairly calm. 

Makes one think the move is sustainable, due to an increasing positive sentiment. 

Market Cap. now stands at $27B. Still very reasonable considering the growth we saw yesterday. (And in relation to WhatsApp purchase price.)

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