Twitter Gives Us 9% Trade in 1 Day

This past Tuesday, April 15, we noted to members that Twitter (TWTR) "has the right look of a pattern that has ended a major corrective period -- from its Feb 5 high at 71.92 to its April 11 low at 39.68." We said it was "entering a recovery rally phase that should return the stock to 49.00-50.00 in the days/weeks ahead."

We entered a short-term portfolio position at 41 1/2 and exited the same day at 45.03, for a 9 percent gain. 

Below is our chart from Tuesday.  We're continuing to follow TWTR looking for another long opportunity.



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