Just randomly scrolling some stocks, and saw twitter here.
Technically, on weekly chart, it appears to me it had a breakout of the descending triangle and RSI has a wedge breakout as well, so far everything looks like a great buy opportunity on weekly chart.
But...twitter had multiple negative earning reports in a roll and that's somehow worries me a bit. Mr. Trump uses twitter a lot and I hope it can help TWTR a bit..LOL
I'll personally add a small position on TWTR by Monday and may add more or get rid of them based on the next earning reports and price action.
Trade at your own risk and here's your potato
Technically, on weekly chart, it appears to me it had a breakout of the descending triangle and RSI has a wedge breakout as well, so far everything looks like a great buy opportunity on weekly chart.
But...twitter had multiple negative earning reports in a roll and that's somehow worries me a bit. Mr. Trump uses twitter a lot and I hope it can help TWTR a bit..LOL
I'll personally add a small position on TWTR by Monday and may add more or get rid of them based on the next earning reports and price action.
Trade at your own risk and here's your potato
Comment:
fk me in the ass..:(
Trade closed manually:
i'm out with all my TWTR position, not a good trade, and im so disappointed with their earning report, I guess the best result for TWTR is got merged by another company