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Thursday, February 5, 2015

Charts $twtr

Twitter developed momentum with a bunch of product releases. TWTR is gonna battle through a series of resistances.

The report will let it jump through the weekly 20sma resistance. And the weekly suggests 50 is the next target price. But there are some gaps to fill via the daily: 46-48.

Since I am a believer in that Twitter is a +$50B company, I like 50 being the short term target price for $twtr.

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