Need to see how this plays out, ill take a small position as the stock is in a long bearish trend. However we can see a small bullish divergence and we can see that some trendlines match up with around 40$ prices.
Short term is has broken a resistance line and retested this.
Twitter has some relevant news thats neutral and some is bearish, dyor.
#Airbus Seasonality Trading! BUY
ENTRY: 104.25 EUR
TARGET: 109.38 EUR
STOP: 101.04 EUR
I checked the Seasonality for the 20.Dec to the 13. Jan timeframe over the last 15 years!
According to historical data, we have a bullish phase ahead with a probability of 90%.
The average gain over the last 15 years in this time frame was 4.5%.
My target for the current...
so this is a 2 week chart, on the daily timeframe and these weekly tf we are still bullish as we continue to make higher highs and higher lows, but we have volume decreasing, we have bearish divergence since last year. volume normally gets lower as we get closer to the end of a pattern as it gets squeezed.
onchain data looks super bullish as well. so going back...
I Personally do think Long-Term is the move. As we see here is seems we are repeating the may move but in a shorter term.
Another way of seeing it, we could be testing the 100 Day Moving Average since we recently tested the 50 Day Moving Average from our last "Dip" back in September.
If we can bounce where we are now then I do see us flying somewhere around 72k...
II-VI Incorporated : BUY
Entry: 68.57 USD
Target: 94.60 USD (profit 38%)
Stop: 52.80 USD
Another heavily shorted share with signs of an uptrend is the technical and scientific components specialist II-VI.
II-VI's shares have a short interest of about 17.5 % .
With a solid balance sheet, competitive product and strong vertical markets, and a major bear market...
#Wayfair : BUY LIMIT
Entry: 171.54 USD
Target: 293.50 USD (profit 70%)
Stop: 125.00 USD
Number 1 most shorted stock with an attractive price chart is e-commerce home goods company Wayfair.
Wayfair shares have a short interest of around 22.5%.
Surprisingly, Wayfair shares have lost 50% of their valuation after hitting an all-time high in January.
We are bullish on twitter, after completing wave (y) in the minute green degree of which the downward move began in about mid-July 2021, this move has seen twtr move lower to the bottom of the channel as low as $41.00. Now we expect twtr to resume the bullish cycle of wave 3 in the red minor degree to at least about $167.00. This drop has presented us with a good...
Fresh panic over Evergrande appears to have a restrained impact on cryptocurrency markets, Bitcoin (BTC) kept $50,000 as a focus on Dec. Nine as consolidation on BTC/USD persevered to avoid closing week’s lows. An essential region to maintain is that region we’ve touched already at $42K. The near became above $46-47K and I’d pick now not to lose that in any...
On November 29, the Twitter stock made investors quite nervous following CEO Jack Dorsey`s abrupt announcement of his resignation. Dorsey's successor will be Parag Agrawal. Shares of the social network initially soared 11% after Dorsey's announcement but fell nearly 3% by the end of the day.
Both supporters and opponents seem to be passionately divided over...
We are back at October 2020 levels. Not impressed by the past two quarters financials. However, twitter is still relied on by millions of people and the recent high was around $65 just last month. A price of $50 would be a 38% retracement. I want to see if price will break through the 50 ema (orange). Let's see what happens over time. Not advice.
The drop from $68 to $40 has the bears out of gas. The drop is a retest of the top of the ascending triangle. The bulls signaled support by printing a 6% daily candle to form an evening star candle formation
Buy $41 -$43
take profit @ 50.
This worth noting that the 40- 43 range is great price point for a long term portfolio addition.