Wednesday, March 25, 2015

Twitter TWTR Stock Jumps 6% To Take Buy Point

Twitter (NYSE:TWTR) broke out of a base on the stock market today, gaining more than 6%. The stock closed the session still in buy range.
The short-form social media platform recently unveiled group chat and more video capabilities to attract more users. Twitter also has a new agreement with Google (NASDAQ:GOOGL) for the integration of tweets in real time in Google's search results.
Meanwhile, Facebook (NASDAQ:FB) broke out of a cup-with-handle base last Thursday and is hitting new highs.
LinkedIn (NYSE:LNKD) has been trading relatively tight after gapping out of a flat base in early February.
Watch this video for chart analysis of Twitter.

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