Can Twitter give me the same return that Facebook has?

My trading system has generated a BUY signal for Twitter. You may remember the furore over the  initial public launch of Facebook in 2012 where the  price of Facebook shares halved from $40 to less than $20 in four months. Well since then the price of Facebook shares has risen nicely to the current price of $74 which equates to approx. a 350% rise in two years. I am a Facebook shareholder, happily, but have not made quite that percentage myself, only 175%, so quite happy.

Can Twitter do the same as Facebook? The share price hit a low in May of this year from which they have been rising steadily. I am going to go ahead and take a long position in Twitter and see how it goes……

2014 08 25 Twitter graph

 

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