TWTR 45: Use rally to exit as user base would be down this Q
I love TWTR and its monopoly position.
The co is losing users after giving fat fingers to 75 mil Americans who voted for the other ticket.
Technically it is oversold on RSI but not on MACD with increased volume on this decline.
Using rally as an exit opportunity but not shorting the stock as it is a monopoly and its long-term outlook is excellent.
I would be inclined to be a seller of PCS at 40 levels, hopefully, post earnings after all the bad news are priced in.
GOOGL is my favorite as a social media co as the educationally focused contents are immensely useful and valuable. Technically it is the best-looking mega-cap for which I would be eagerly going long on dips, perhaps PCS 1650/1600.
FB is still cheap compared to the market and the fervor of "digital stocks" so I would be buyers on dips too.
The co is losing users after giving fat fingers to 75 mil Americans who voted for the other ticket.
Technically it is oversold on RSI but not on MACD with increased volume on this decline.
Using rally as an exit opportunity but not shorting the stock as it is a monopoly and its long-term outlook is excellent.
I would be inclined to be a seller of PCS at 40 levels, hopefully, post earnings after all the bad news are priced in.
GOOGL is my favorite as a social media co as the educationally focused contents are immensely useful and valuable. Technically it is the best-looking mega-cap for which I would be eagerly going long on dips, perhaps PCS 1650/1600.
FB is still cheap compared to the market and the fervor of "digital stocks" so I would be buyers on dips too.
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