Twitter Has The Potential To Really Start Ripping

While other media and tech names have been on a massive run and are beginning to look precariously priced (valuation wise) when compared to operating results + global macro conditions, Twitter has languished and is subsequently a potential buy candidate as operating results are improving, priced at a fraction of the valuation of other market darlings.

I usually don't take fundamentals into account much as they typically don't offer much when it comes to practical trading advice and market timing, but it seems like the narrative around Twitter's story is changing, and when this happens, there can be massive runs in prices.

Their platform is sticky and should retain a lot of their new users, and the covid interruption to ad spending should be relatively short lived. If Twitter even improves 20% in the eyes of the valuation gods, the stock could move quickly and drastically as the thesis becomes repriced. Needless to say, this is at the top of my watchlist in the coming weeks.
Chart PatternsTechnical IndicatorsTrend Analysis

🚨🚨🚨

Get high-probability trade ideas and research directly to your inbox for free.

Follow us here and turn on email alerts to stay in the loop: seekingalpha.com/author/propnotes
גם על:

פרסומים קשורים

כתב ויתור