Twitter could surge 20% to head back to multiyear highs, technician bets

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Twitter could surge 20% to head back to multiyear highs, technician bets
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$TWTR could surge 20% to head back to multiyear highs, technician bets (via TradingNation)

"Twitter is a very good-looking chart post earnings. We saw some pretty impressive data following those earnings. Revenues were up 18% year over year and active users saw a pretty good increase, particularly in the U.S.," Gordon said Tuesday on CNBC's "Given the strong fundamental case, Gordon sees Twitter clawing back from the losses suffered through the last half of 2018.

Twitter gapped down below $40 in a sell-off in late July. It has not closed above that level in nine months.

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