Plans to Increase Per User Revenue Turns Twitter Bullish
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The stock of social media platform Twitter, Inc. So, that brings the question whether the stock is suitable for investment at these levels. Before we arrive at a conclusion, let us look at what analysts at JP Morgan told about the growth prospects of Twitter in the coming year.
Additionally, the JPMorgan analyst believes the company will be able to leverage on its video and live streaming capabilities. Twitter has implemented a number of changes in the plans to increase per user revenue turns twitter bullish binary options tips months to avoid misuse of its platform. That includes filtering abusive and violent content in a strict manner.
The company expects the changes to reinstate the reputation of its social media platform. Financially, Twitter is expected to post revenues of 2. Looking forward, Twitter anticipates earnings over the next three to five years to increase at an annualized rate of Twitter has also started seeing success in projecting itself as a platform for live streaming and video content.
Based on the above growth prospects, the analyst upgraded the stock of Twitter. Thus, fundamentally, the stock is expected to remain bullish in the short-term. Technically, the stock is moving towards the upper band of the ascending channel.
Further, the momentum indicator is making new highs. Thus we can expect the bullishness to continue in the short-term. To make hay while the sun shines, as a binary options traderwe wish to invest in a call option valid for plans to increase per user revenue turns twitter bullish binary options tips week.
The trading analysis offered here is our opinion. It is not provided as trading advice, merely an indication of our trading plan. We cannot guarantee success and we encourage traders to incorporate a strong money management strategy to limit losses.
Please use this article as part of your own research before formulating strategies prior to trading.