TWTR breaking above trend line, supporting moving averages in place. Should move higher.
TWTR reversed off its resistance at 43.45 where it could potentially drop further to 36.80. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EARNINGS There are a bunch of heavy-hitters reporting this week, but I'll cull it down to the most options liquid underlyings amenable to a decent volatility contraction play ... . Pictured here is a TWTR (40/52) Aug 16th 39/42 short strangle camped out around the 20 delta strikes. Paying 1.30 (.65 at 50 max) with break evens of 31.70/43.30, it's got a...
Twitter (TWTR), Weekly chart: Mirror level + "Morning Star" candles pattern + RSI(14) above it's 50 zone which is sign of uptrend
This jumped out at me when viewing the weekly chart : The formation is similar to some variant of a complex IH&S. The head would be the floor at $13.73 and the neckline is the top blue line, downward sloping from $54 to its current price at about $45. If the pattern is legitimate and Twitter broke above it, the measured move would be toward the $80 region....
Price filled the gap and rebounded, helped by the action on the main index. The rebound doesn't seem accumulation (volume is low) so we should consider the stock still weak. Yesterday's action, if confirmed today (price goes below it), could provide another good short opportunity. Note also that the rebound has taken out buy orders left at the gap level, so next...
Today, we have very sweet opportunity to buy TWTR shares around the trend line. So show me even one argument to not do it. Support: EMA 20&50 Lines, Strong Trend Line ~$35 per share Resistance ~$37-$40 Enter ~ around the trend line and support EMA lines No TP or SL. Buy & Hold. I have the subreddit with the same name, if you wanna ask me or community,...
I'm sure the resistance LVL ~$37-$40 range, won't be the problem for the price, therefore I recommend you to pay attention to this beautiful share and hold it for a long time. Jack Dorsey is looking at $crypto, so I bet, Twitter will present something interesting related to cryptocurrency, very soon. Support: EMA 20&50 Lines, Strong Trend Line ~$35 per...
There is no bull market without HIGHER LOWS. Keep perspective here. We have been in a correction mode, NOT A BEAR MARKET. We are still unequivocally in a very strong bull market. Once again I will continue to repeat this ad nauseam: "THE BENEFIT OF THE DOUBT CONTINUES TO GO TO THE BUYERS OF THIS MARKET" ...not the bears. We have been adding long positions on ...
Just eyeballing it's difficult to say if there is an inverse correlation or not. Other than the period from Oct/17 through Jun/2018 they haven't moved together all that much. So the S&P is useless as a twitter trading signal. ... It's amazing how much you can learn visually. I guess that is how my brain works. As an artist (Viewing TA as an art but also someone...
TWTR is a possible short after this price action, more details on the graph
Have a great day all
Forget the word loss, see the results for yourself. PM me if you want the indicator
Twitter stock rallied to a 2019 high in Tuesday's pre-market after beating first quarter estimates. The company has exceeded its quarterly earnings per share (EPS) estimates by 22 cents and its revenue expectations by 1.5% at $787 million. After Twitter reported its bullish metrics, the stock jumped more than 18% and pulled back, settling at the +15.64% at the...
Found a head and shoulders pattern. Holding a put option. If I made you money, follow me !