The thing that's worth noting here is the lesson from price action that can be applied time and again in the future.
When there's a stock that's going to have a strong upside move on news, opportunity doesn't just slap you in the face all morning. What the chart doesn't show is the open was over 3 points below the after hours high. That was as much of a warning as anything.
In the best opportunities you get a quick chance or two to get in while many are waiting for a pullback. These opportunities are often found during short sharp drops that are quickly bid up or via sideways price action where folks just wait too long for a pullback.
While FOLD isn't the greatest example of this, it saw morning price continuation after pricing it's secondary offering. It simply based in the gap early in the session before taking off.
Looking at the last two day's of very strong trading in Shopify (SHOP), there have been no pullbacks to buy, just fast dips.
Making this key distinction will save you and subsequently make you a lot of money trading!
As for twitter, if it closes red today, (it looks that way as of this writing), shares are very vulnerable to further selling.
Trade 'em well!
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