In Wednesday’s Blitz Daily, we’ll take a look at social networking company Twitter as traders buy the dip after an analyst downgrade.
The bears keep doing their best to take stocks lower, but the bulls continue to buy every dip they can get their horns on. Wednesday saw massive bets flow into next-gen communications monolith, Twitter.
The company spent the past two days licking its wounds after Goldman Sachs issued a “sell” rating on the stock. Shares sold off sharply Monday, dropping over 2.5% following the release. But that started to turn around during Wednesday’s session as the bulls took their turn and pushed shares above its Sept. 10 closing price.
This was just one of the dips hitting the top flow on Wednesday. Check out these must-see trades...
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