Why Facebook, Twitter and Jumei Shares Are Poised for Gains

NEW YORK (TheStreet) -- Here are three excellent swing trade ideas, stock moves that can be captured by traders in a matter of a few days: Twitter (TWTR) , Facebook (FB) and Jumei International (JMEI) .

The first is Twitter. The social messaging network is fast expanding around the world. Shares of the San Francisco-based company were trading at $49.49 on Thursday. That's not too far above where shares traded on the day of the company's IPO ($44.90), but now the chart is signaling it is time to look forward.

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Courtesy of StockCharts.com

After dipping to about $32 in May, Twitter made a quick recovery and then got a boost after the company reported better-than-expected second-quarter financial results. Now that the stock has broken out above $48, we expect it to hold its gains and move steadily higher. Our suggested entry level for a trade would be $48-$49, and the target would be $56.

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