TWTR

Twitter Pop

Twitter's share price jumped as much as 5% in after-hours trading after S&P Dow Jones announced that the social media company is replacing Monsanto (now taken over by Bayer and killed off as a brand) on the S&P 500. The change will go into effect on Thursday, before the market opens. Meanwhile, Monsanto's spot in the S&P 100 will now be taken by Netflix. Fortune
 
spacer.gif

Twitter was just added to the S&P 500. What's that mean for its stock?
spacer.gif

Regardless of how you feel about the contents of your Twitter feed, there's no denying the company behind it is thriving. Investors got another reminder of that on Monday evening when it was announced that Twitter would be the newest member of the closely watched S&P 500 stock benchmark, replacing Monsanto. (Business Insider)
 
Twitter is looking very interesting into the weekend. Surprised how well this has held. Went for a test of weekly candle support above and was rejected hard. Alerts are set for a test of the wedge support or resistance above.

System settings used on this chart under "Trends":
Analysis Type: Enhanced
Drawing Input: Wick (HH/LL)
Islands: Respect.

What will next week bring?
 

Attachments

  • Screen Shot 2018-10-26 at 8.21.36 AM.png
    Screen Shot 2018-10-26 at 8.21.36 AM.png
    1.7 MB · Views: 6
Twitter Users

Twitter's losing users, but those who haven't left are using the platform more, which means Twitter gets to make more money on ads, which is why Twitter's share price popped 15% yesterday. Fortune
 
Back
Top