Unlike most, I am a huge Jack Dorsey fan. I think the guy is an absolute genius and is in the beginning stages of doing some awesome things at Twitter and Square.
To say that Twitter’s management and business model are/were a wreck may quite possibly the understatement of the century, though.
However, the charts are pointing to higher and I’m a buyer for the long term.
Unfortunately I am a little late to this, after the first bounce I was still weary. As you can see on the daily chart we are running into resistance up here. I am currently long, small, and will add on the pull backs.
The monthly and weekly charts look great here if they can hold up here above 17 or so. The high-end target is the low 30s into the end of 2016:
TWTR Monthly Chart
Dorsey is a first amendment dick head suppressor. Fuck Twitter.
Tell me how you really feel…
I concur
I bot in the low $16’s and got out in mid-Feb for $18.54.
All my love goes out to the people who want to buy/hold this one but I’m not interested in waiting around for this success story to play out.
It could be disastrous.
I know guys we are still long w/ an avg price in the 30’s and 40’s. smh.
TWTR destroyed the dreams of many