Twitter ($TWTR) broke out on it's 2Q2014 earnings and is forming a nice bull flag/consolidating very well. I love the risk/reward at this juncture. I entered on Thursday at $44.82. My stop is placed right at the 50dma/short term support of $42.40. I like Twitter to bust through the $48.00 high established the day after their earnings release with a first target of low $50's. Twitter has ~7% of it's float short, so this can intensify the spike if we breakout. Also, this is still a reasonable takeover candidate by one of the technology behemoths like Google or Apple. Tweet Tweet.
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This was another astute observation thanx to you :-)
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