Twitter Inc (NYSE:TWTR) just reported its Q3 data. The key here was a bump in topline growth rate. That got the stock moving to the upside, though it faded in afternoon trade after finding resistance at the 200-day moving average. Overall, the stock continues to be a bit of a […]
Tag: TWTR
The Week Ahead for the Technology Sector
Recent action in the NASDAQ 100 index represents the most violent period of correction that the index has seen in over two years. The topping process began two weeks ago with a breakout in interest rates at the long end of the yield curve, representing the sharpest impediment to stock […]
Twitter Inc (NYSE:TWTR) Continues to Fall Apart
Twitter Inc (NYSE:TWTR) shares boomed higher earlier this year, eventually reaching over $46 per share. However, since then, we have seen an extremely steep pullback that has taken the stock well below its 200-day simple moving average in a grinding decline that threatens to remove all of the gains that […]