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Tuesday, August 26, 2014

$twtr rally

Twitter is smoking, and rightfully so. The stock is now approaching some areas of potential resistance that can lead to some consolidation. The resistance level looks to be between 48-50.

Obviously the stock can keep rallying. Simply because twitter is an invaluable source of real-time, unfiltered information that is certainly worth far more than its current market cap. A network that keeps proving itself over, and over again as major events unfold.

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