TWTR, TIME TO BUY!

Hello fellow traders and investors, here's another trade idea.
TWTR has recently pulled back to the bottom of the channel which happens to be a key level. If TWTR makes it back to the top of the channel it offers a 24% ROI.

Technicals:
The Macd indicates that it's oversold and in a downtrend.
The RSI is very oversold
The has been exhaustion in the selling volume which means we could start seeing some buying volume.

When To Buy:
Now

When To Sell:
I recommend selling at the top of the channel.

Fundamentals: Twitter, Inc. is a global platform for public self-expression and conversation in real-time. It provides a network that connects users to people, information, ideas, opinions and news. They have a P/S of 13.8, a debt/equity of 0.44, a sales growth Q/Q of 28%, an EPS growth Q/Q of 85.80%, a profit margin of -33% and a short float of 3.64%.

Rating: 65/100 the technicals are very good but the fundamentals aren't great because of their profitability sitting at -33%.

I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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