Hi Traders, Twitter Is sitting at an interesting place right now but before I break down the chart, let’s take a look at some fundamentals. Elon Musk has announced that there are a few unresolved matters on the deal to buy Twitter, including the number of spam users on the system and the coming together of the debt portion of the deal. Now with everyone waiting...
Twitter Short Term - We look to Buy at 39.16 (stop at 37.32) They recently gave Elon Musk more information as he requested and deal seems to be still forging ahead. The sequence for trading is higher highs and lows. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be...
Hi Traders Taking a look at Twitter, it seems likely for a lower buying opportunity to arise between $30 and $35 range. If the current support does not hold, we could even see prices drop as low as $28 which is dirt cheap if you've been looking to accumulate. Technical Indicator Phoenix Ascending is pointing towards bearish price action, and from a chart...
Elon Musk threatened to terminate his $44 billion plan to buy Twitter arguing that the company is breaching merger pact by not disclosing spam information. If he wants to lower the price, i think the minimum upside is $45.75, which still represents an upside of 18,45% from the current level. If the number of bots is exactly like Twitter says, then +41.22% is...
TWTR similar areas in green rectangles, leading to a bull move These are preceded by a Wedge Structure in both cases
Elon Musk, the wealthiest person in the world, appears to be playing a game of Monopoly in real life as he leads a number of companies in the tech space, and builds stakes in other companies and cryptocurrencies. However, his recent acquisition of twitter (NYSE:TWTR) may not pass go and perhaps sets him up to be liable for at least 5 billion dollars. Fallout...
Hello, I applaud my own work and forecast on this one with limited historical data to sample from. Anyhow… the blue trace is the most pressing worse case scenario… or start of it at - if we want to be dramatic. The other traces are all good examples of harmonic patterns on the various levels and time frames that are applying pressure to our movements as well. ...
TWTR looking weak as the gap opened below the 3rd bull ap and below the bear 1/1...
Twitter Short Term - We look to Buy at 42.80 (stop at 38.55) We have a Gap open from 41.00 to 44.00. We look for a temporary move lower. Support is located at 41.00 and should stem dips to this area. Further upside is expected although we prefer to buy into dips close to the 41.00 level. This stock has recently been in the news headlines for a buyout by...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
The stock price will look to test areas of resistances shown by green horizontal lines.
Twitter. Don't get too excited with "Elon Bulls" just yet. New projects, and changes need time to develop, and lot of work is needed before ideas are put in action. It won't happen overnight. Time (cycle) and price pattern analysis suggest a potential multi-year swing low for stock in 2023.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is at a strong support level and this is trying for good rejection from This level. It has maximum Chances for 70 to 100Pips it can give us a good resistance. And after this we can see a bullish wave to price level 1.118 We are Still waiting for...
Twitter (NYSE:TWTR) is set to announce its first-quarter earnings results on Thursday and some analysts expect the microblogging platform to again incur losses on the back of its increased infrastructure and marketing spending amid tight competition. Saturated market The company, once among the most popular social media channels globally, has become old news...
Elon Musk could finalize his acquisition of Twitter as soon as TODAY. Twitter shares TWTR popped 5% higher on the announcement. The stock has been showing a bottoming consolidation in a rounding bottom to confirm a trend reversal by a close above $54.50 supply region. In case of the deal's confirmation, TWTR may hit $65.00 - $70.00 easily.
If you haven`t sold TWTR here: then what you should know: After buying 9.2% of TWTR shares, Elon Musk wanted to buy Twitter (TWTR) for $43.4bn, $54.20 per share representing a 38% premium to the closing price on 1 April and take the company private. Elon Musk about Twitter: “potential to be the platform for free speech around the globe, and I believe free...
Using a Weekly chart you can notice that prices have been moving horizontally, not a proper trend. With a daily and 4h chart, a start of an uptrend (Bullish behaviour) might be found. Unfortunately, the bullish trendline can not be considered so it has been tested only 2 times. Best option is to HOLD, as both up and down option are available. This Market, is...
After being a staunch critic of Twitter for years, Elon Musk has acquired a 9.2% stake in the company for an estimated $2.9 billion in a deal that is widely seen as an attempt to shake things up at the social media platform. Twitter’s stock surged 27% on April 4 following the ownership announcement. Currently the world’s richest person with a net worth of over...