Prefer to buy the stock or Buy call spreads unless if there is a good premium in put side. Stop 13.80 take profit 22.50$. Take care about Theta ;)
$TWTR managed to stay above the broken trend line throughout last week's volatile price action. 16$ is now a support zone which includes also the Fast SMA line (currently support). Nearest resistance is near 19$ and it comes with the 50 days MA. In case of a breakout above 19-20$, next target zone, will be 24$ - Downtrend line and 200 days MA. Buy zones -...
Twitter has a very interesting chart pattern here. We have evidence of large positions being accumulated, and of possible shakeouts taking place in this zone. Currently, price sits above the volume mode, as you can see in the profile graph to the right, and has seen great climactic volume action in a downbar yesterday, while today went straight up from the...
This chart shows Twitter's stock price over time. Source: TradingView
$TWTR has been in the dumps for a year now. Will the stock turn around? Maybe. I will wait for the turn around to begin before I look to invest. Can it go much lower though without a buyout?
Since my latest analysis, $TWTR rallied and reached the 30$ target zone (see linked idea). Now, $TWTR is forming potential bull flag, just below the 32-33$ structure zone. It looks like $TWTR is about to break out of both the structure zone and the trading channel (black dashed lines) towards the next target zone - 36-37$ The Fast and 50 SMA lines act as...
Here we see a cypher pattern on the Us Swiss charts. This pattern is indicating that the market will reverse upon completion, and is supported by completing above the linear regression line. When a Bearish pattern completes above the standard deviation line, it is likely that , If the market is bearish, the market will rally back under the line , and similar to...
here we see a Butterfly pattern forming on the Euro against the Yen. If the pattern makes it above 136.025, the pattern will be complete, in which case i have places my entry at point B , my limit at the 1.618 extension of the BC leg , and my stop at the Red D point, because at that point , we are at roughly a 2:1 risk reward ratio, also because I am going to...
Here we see a plain old bearish bat pattern on the euro yen charts. It is likely that the market will quickly rally down to the 1.618 extension of the BC leg, i have it forecast at 1.5 hours. I placed my stop at the point X My entry at point B And my limit at the 1.618 extension of the BC leg Thanks for checking in, come back and see if it completes. As...
Here I see a price action trade along the linear regression line with standard deviation set at 2 and -2. I also believe this may be an Elliot wave cycle. If i remember correctly, the third wave, should be about the same length as the first wave, so i have placed my limit at the 1.618 extension of the second wave, just to be safe (remember, still learning price...
If you zoom out on this chart you will notice that the market has rallied out of a bat pattern and returned to previous structure. You will also notice i have highlighted a potential reversal zone in blue, and from which we can assume that the market, as usual, will respect structure, and return to structure lows. Here i have two patterns suggesting a reversal in...
Here we see a developing Bat pattern in a triangle or wedge pattern. we know that wedges generally rally out at 3/4 of the triangle, be it up or down. So what we should expect to see happen here is that the market will rally down into previous structure around the 1.618 extension of the AB leg. when the market does so, it will complete the bat pattern...
Last one for the evening. It looks like TWTR is breaking its lower trendline on the ascending triangle pattern it was putting in. The small wick at the top of today's candle stick could have been a backtest of the trendline and appears to be forming a bear pennant formation in the short term. Will be waiting for confirmation that it is going to continue to the...
#TWTR #TWITTER Gartley Pattern Short Idea Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
This trading idea for aggressive C entry near 38$, was sent to the members in their weekly file. Since than, $TWTR rallied over 20%! On its way to 64? 70?
TWTR touched Aug '14 support today and opened with a gap up. Is that exhaustion of the recent uptrend combined with forthcoming negative reports today? Or is it an imminent breakout? It's a game of probabilities and psychology. I'm feeling pessimistic today. Full analysis: jmak.ws