39$ target hit, moderate resistance there, expect a pullback to $38, then expect 40$ prior to earnings day. If earnings beat estimate I expect $45-47$ target like May 2018, possible 20% move. Primary elections and presidential elections approaching will give good guidance to the company.
Twitter is on track to finish this week with the start of a new sequential sell countdown.
This new bullish countdown should also confirm the bullish cup and handle pattern.
The previous bull move from April/2017 to June/2018 has been retraced and matched with the 0.618 Fib.
This level perfectly held the price and acts now as good support zone.
From an Elliot...
Over the course of the next year NYSE:TWTR will have plenty of issues with maybe a disappointing earnings, free speech, data, taxes or regulatory pressure but it will be the stage where the presidential election will be fought and won. While NASDAQ:FB and NYSE:SNAP have rallied in 2019 Twtr is just stuck in this range which is like a magnet. Despite a large gap up...
Took an entry on Twitter--cause why not? Corner pocket still in play, stop is tight. Next zone is marked and has better R/R.
Overall View : Bearish on 3 Day but last ride up was impulsive.
As always, not adjusted for time and Education only Peeps...
Longmoney
Hey there again,
So time for some #Twitter #stocks charts analysis based as usual on #fractal #cycles. This has been done on a week/month time frame chart to analyze the whole panorama, and went deep until 1hour chart.
So as usual, this are just first images with some indicators stills. Pay attention on time frame on every image cause ill be posting some...
Retracement complete from 39, support at 37 holding, but lower than expected. I am longing here with target at 42$, waiting for the earnings in JULY 28TH, I will be looking at SPY movements since it affect the position.
Fundamentals are good, are earnings are expected to surpass expectations
Twitter, Inc. offers products and services for users, advertisers, developers and data partners. The Company's products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser. Its Promoted Products enable its advertisers to promote their brands, products and services, amplify their visibility and reach, and extend the conversation around their advertising campaigns. Promoted Accounts appear in the same format and place as accounts suggested by its Who to Follow recommendation engine, or in some cases, in Tweets in a user's timeline. Promoted Trends appear at the top of the list of trending topics for an entire day in a particular country or on a global basis. Its MoPub is a mobile-focused advertising exchange. Twitter Audience Platform is an advertising offering.
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TWTR
