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Twitter is breaking out, and we could see more gains ahead

Annie Pei

Twitter TWTR has soared 88 percent year to date, and Todd Gordon of TradingAnalysis.com says the social media giant is poised for an even bigger breakout when it reports earnings later this month. Looking at a chart of the social giant, Gordon noted that despite the surge this year, the stock has been in a consolidation phase since hitting a multiyear high in June. To play for a rally in Twitter, Gordon turned to the options market.