Shares of Twitter Inc (NYSE:TWTR) took a beating t

Shares of Twitter Inc (NYSE:TWTR) took a beating today after reporting earnings that were far worse than expected. Going into earnings there had been so much hype because President Donald Trump uses Twitter as one of his main forms of communication. The hope had been that there would be a sharp increase in usage because of it. This did not happen. The stock ran up into earnings and is now getting slammed after earnings. It is trading down at $16.49 -2.23 (-11.91%) and is testing a major trend line. Should the trend line break (as seen on the stock chart below), the stock will fall straight to $14, its all-time lows. I personally think it is a going to $14 before any sort of bottom is in place. The company still is not doing a good job of monetizng the platform. For a buyout to occur, the stock will have to drop sharply and a big player will have to find some sort of silver lining. See you at $14.00.



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Price target $14 as investors sell Twitter Inc ugly earnings

I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.