Technical Expert Weighs In On Twitter/Google Deal

Technical trading expert Serge Berger commented on the Twitter Inc (NYSE: TWTR) and Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) deal that will allow tweets to appear in search results on Google.

Berger told Benzinga that the “Twitter/Google 'deal' does two things: 1) it reinforces the notion that Twitter can monetize on its platform and beyond and 2) increases the likelihood that Google and Twitter further collaborate in the future.”

Berger thought that future collaboration between the companies could ultimately lead to Google acquiring Twitter because it “is well known that Google, so far, does not have a good social media strategy and Twitter could fill that gap, at least in part.”

Twitter traded at $42.11 in the premarket, up 3.41 percent.

Google traded at $525.50, up 0.52 percent.