Hello, Twitter is still unprofitable.
In case this changes in the future the green zone would be a good entry.
Recommending to use some kind of stoploss because investing in unprofitable stocks is risky but potentially also very profitable.
Im Looking out for big volume on my supp for bullish confirmation.
This could 3-4x from my zone next Year.
Dyor and please leave a like :)
Will post updates in here after some price discovery in the coming weeks.
In case this changes in the future the green zone would be a good entry.
Recommending to use some kind of stoploss because investing in unprofitable stocks is risky but potentially also very profitable.
Im Looking out for big volume on my supp for bullish confirmation.
This could 3-4x from my zone next Year.
Dyor and please leave a like :)
Will post updates in here after some price discovery in the coming weeks.
Comment:
i mean its not unprofitable but barely profitable, yet its the 4th most visited site worldwide. Its amazing how it didnt move in any straight direction after all this years after IPO. But the longer a stock trades sideway the more likely it is to start moving in a upward/downward Trend. This could be really good time to enter TWTR as im pretty sure there are big moves ahead.
Comment:
Twitter announced yesterday that it will changed its CEO. This is pretty bullish in my view, as the underlying company has good fundamentals (Web-Traffic). Jack Dorsey just didnt took the potential of that in form of advertising etc. This will propably change now.
Comment:
in case we see a wick below green curve, i may change my buyzone to: 35-41 USD
with sl 3-5% below that zone
with sl 3-5% below that zone
Trade active:
touched upper zone slightly. ladder buying more deeper in the zone.
Order cancelled:
not confident anymore in this setup, could go lower as spx goes into correction mode