Is Twitter (twtr) Worth A Look?

Discussion in 'Investment Charts' started by Chartman, Jan 26, 2019.

  1. Chartman

    Chartman Senior Investor

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  2. Buyonthedips

    Buyonthedips Senior Investor

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    Twitter shares are in a very tight trading range at the moment and could go either way :)

    I always see Twitter as the poor cousin of FB, etc but maybe, just maybe, the shares are set to stage a recovery?
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    Looking at the overall picture, Twitter has done well to survive the onslaught from the likes of Facebook and Google. Maybe there is a hidden gem in there? Maybe Twitter does have a long term future while the "new kids on the block" come and go.
     
  4. longtermbull

    longtermbull Administrator Staff Member

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    Weak guidance from the company does not bode well for the short term. I have always been under the impression Twitter was always trying to play catchup with the bigger players but every share has a level when they look interesting. Is Twitter approaching that level?
     
  5. gowiththeflow

    gowiththeflow Senior Investor

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    Twitter was once regularly touted as a takeover target - will those days ever come back? Could it be a takeover target at some stage?
     
  6. Chartman

    Chartman Senior Investor

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  7. Buyonthedips

    Buyonthedips Senior Investor

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    Drifted back a little but to be expected. Might be an interesting one to pickup for the longer term if the profit takers push the price any lower. Any views anyone?
     
  8. gowiththeflow

    gowiththeflow Senior Investor

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    If this trend in improved performance of the company does continue then the shares may have a lot further to go. Interesting buy on weakness?
     
  9. Chartman

    Chartman Senior Investor

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    A consolidation above $38 would be bullish and maybe give the shares a platform to move higher?
     
  10. Buyonthedips

    Buyonthedips Senior Investor

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    The Twitter share price has dipped from the recent spike but I don’t really see any significant downside from the current level. The pullback was probably caused by traders looking to bank a profit. I would expect a little bit of consolidation around the current level and then a gradual move higher.
     

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