After a long drought waiting for buy signals (or even some counter trend bounce signals) we finally got one from VISA (V) today. As the stock has been consolidating in a range over the past month sentiment from the Twitter stream has been rising.  Today it rose enough to break the down trend line that had been confirming VISA’s dip in price. This creates a buy signal.  One thing to note is that the new uptrend line in sentiment is very steep.  That means the stock will have to get going or this trade will close quickly.  The steep uptrend will also limit the length of the trade.  Here’s a link with more details on how we trade stocks with Twitter sentiment.
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