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Rookie mistake: the fact that a stock was once higher is no indication whatsoever that is "worth" that much. That was then, now is now.


It has meaning primarily insofar as other people think that it might have meaning.

Technical Analysis is madness, but there is method to it.


Yeah, I don't know much about TA, but I think it probably works better for well-established cyclical stocks, not for growth (or lack thereof) stocks like TWTR.


It's funny how many people think that means it'll go back up. Twitter's stock has been sideways or down most of the time. It was $69 back in 2014.




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