Monday, December 14, 2015
TWTR Chart - 12/14/2015
Twitter is accumulating just above a very important support point of $23.50. This is very dangerous, as the stock could flush into the teens if this support is broken. Anyone thinking about going long at this point needs to be very careful.
Also, check out my Seeking Alpha article on why LinkedIn will outlive Facebook and Twitter: http://seekingalpha.com/article/3756296-linkedin-will-outlast-facebook-and-twitter