Twitter (TWTR) - Get Report is rallying on an analyst note from Cleveland Research that points to positive feedback from advertisers on the firm's live content platform. Shares are rallying more than 6% in Wednesday's trading session.
Technically, Twitter is coming off the heels of a corrective price pattern. $18 is the "make-or-break" price level for Twitter right now - if shares can definitively break above $18, then we've got a clear signal that buyers are back in control this summer.
Read Full Article: Twitter's Stock Price Is Exploding Wednesday -- Should You Buy It?
This article was written by a staff member of TheStreet.