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TWTR

Broke out of daily downtrend line - 24$ next $TWTR managed to stay above the broken trend line throughout last week's volatile price action. 16$ 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 - 16-16.5$ (structure and MA line), 15.5$ (structure, broken trend line and 61.8 Fib level) Read more about this setup and other trading scenarios for the week - in this week's newsletters: goo.gl To subscribe to the newsletters - goo.gl Follow my blog - goo.gl Subscribe to my Youtube channel - goo.gl
NYSE:TWTRLong
by themarketzone
2
TWTR: Potential exploding pattern spottedTwitter 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 mode. I entered a long position today, before the close, and I'll be looking to add to it if it evolves positively. Stop loss can be quite tight, look to buy tomorrow, and use a stop 1-3 ATR below. Good luck if taking this trade. Cheers, Ivan Labrie P.S.: feel free to contact me if interested in obtaining trading signals or tutoring. See my profile for details.
NYSE:TWTRLong
by IvanLabrie
1
TWTR -- COVERED CALL IDEAI'm gradually working my way up the totem pole of underlyings for covered call possibilities, having started out this cycle with sub $5 possibilities, moved onto candidates in the $5-$10 range, and then into issues within the $10-$20 range. Slightly above $20 a share (weighing in at $22.97) is TWTR, which currently has an implied volatility rank of 52 and an implied volatility of 61. The covered call setup looks enticing here, within break even metrics below the 52-wekk low: Buy 100 shares TWTR at 22.97 Sell 1 Feb 19th 23 call Total Package: $20.39 ($2039, making your break even $20.39 a share) Max Profit: $261 (If called away at $23, a mere .03 away from current price) Notes: This play straddles TWTR's earnings announcement on 2/4. Naturally, anything could happen there, but the general pattern has been for TWTR to "not lose as much as expected." In the rather ironic world of equities markets, coming in 3rd instead of 5th in a race is sometimes rewarded with a price bounce, which is what I hope for here (I mean, I'm only asking for .03 between now and expiration ... ). And then there are the old buyout rumors ... .
NYSE:TWTRLong
by NaughtyPines
Above 30$ - Will earnings bounce it to 37$?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 support now and a potential pullback towards 26$ (although it will be painful) will still keep the bullish setup valid. The bullish Butterfly is still the main setup here as I'm looking for the price to reach the pattern's target levels. Tomer, The MarketZone.net Subscribe to my mailing lists - goo.gl Follow me on TradingView Follow my blog - goo.gl
NYSE:TWTR
by themarketzone