Hello everyone, we have a pattern on twitter which in my opinion is valid. The targets are highlighted on the chart. Lets see and Good Luck
While the overall trend may be a little shaky, Apple is sitting at a serious support level at 113.16. We cover this in a little more detail on our website! Let us know what you think! Cheers, The Enhancing Capital Team
TWTR is retesting $29.51 as a resistance. That is the previous all time low. If TWTR moves lower, edge is bearish.
Twitter may be finally showing some signs of strength by putting in higher lows and repeatedly testing the previous support now turned resistance. Will be looking for a confirmation of the trendline or a break of the resistance on high volume.
No reason to jump in at these levels IMO. Consolidation around these level into the summer seems likely, ~35.5 - 39.5. Best position for now is to watch the levels noted.
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...
Just like my HOG Chart TWTR looks like a low risk buy despite the falling knife. We have a cypher pattern with a perfect 1.272 extension to C and a 786 retracement to where we are. We are also at the bottom support line which is the 618 from May of 2014 and the 786 of the swing from Feb. Looking for a closing of the gap. Just an idea for selling puts or buying...
EDIT: johneee3456 correctly pointed out that XB cannot exceed .500 for it to be a bat pattern; my mistake! Instead this could potentially be a butterfly, which would require: XB to be a .786 (we're close with a .782) AC to be a .886 (we're close with a .897) XD to be a 1.27 or 1.618 (not pictured) It's late and I don't feel like redoing the chart, but if you...
4-23 Lets keep it simple. Blue and green lines are support zones on weakness. Red are resistance zones on strength. That is all you need to know. If you are one who buy support and sells resistance? From here its all about the action at the red lines assuming a run higher of course. Feel free to follow on TWTR at @AmazingPatterns For informational and...
Through out my time swing trading i have found that there are some desecrate tools and information i must look at in each equity before i make my final decision, certain criteria like Short interest , days to short , SQZMOM indicator along with a sweet chart that channels up. 1. it all starts at finviz where i search up stocks that fall under the lower priced...
These are my notes on my other chart about GPRO will follow TWTR's post lock up trend. But this chart is just the GPRO chart. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to see a dump to a trend line then a rally so the trend would now be up rather then down....
(Updated from earlier today because I readjusted the Channel Lines and looks like possible lane divergence on Daily could be setting up) This is a quick follow up to my GPRO will follow TWTR's post lock up trend. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to...
This is a quick follow up to my GPRO will follow TWTR's post lock up trend. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to see a dump to a trend line then a rally so the trend would now be up rather then down. But overall gpro is still following what TWTR did...
Spread is below 10/20/50 ema on hourly and 100 SMA on hourly. It's also below 10/20 ema on daily, supported by strength of gap.
, which is the IPO day high price. At some point in nt, The 20 day MA has to catch up either via sideways or a small dip.
2014 trendline broken, gap from Oct filled. Next resistance $50.04 to $50.05
Updated 2-16-15 I did an updated on 2-12-15 but it got tagged as a Twtr and not a Gpro chart. Updated: 2/12/15 This is an updated to my "GPRO WILL FOLLOW TWITTERS PRE-LOCKUP CHART" chart. The major important update here is that I have changed the channel lines that I had before. New Channel in Red: Support around 42: Old Channel in Dashed Black: Support...
Updated: 2/12/15 This is an updated to my "GPRO WILL FOLLOW TWITTERS PRE-LOCKUP CHART" chart. The major important update here is that I have changed the channel lines that I had before. New Channel in Red: Support around 42: Old Channel in Dashed Black: Support around $35. It looks like the new channel has acted as support in the past. Gpro actual bounced off...