Emma Asma Cornwall
0
All posts from Emma Asma Cornwall
Emma Asma Cornwall in Gainers & Losers,

Twitter had a few bad moments today

Twitter had a few unpleasant moments today - it was downgraded to "neutral" from "buy" at SunTrust, which said user growth and engagement continue to be "challenged.", and also analysts at Monness Crespi Hardt downgraded stock to neutral from buy.

Analysts might be not far from truth, and technical condition of Twitter leaves much to be desired, as there's an ascending wedge on daily chart, signalling a downwards move coming soon: