In this post, I'll explain the ongoing situation with Twitter; how they're preventing Elon from buying the company out, and my thoughts on why Elon wants Twitter so badly.
Twitter's Strategy
- Twitter is using a strategy known as the 'poison pill'.
- This is one of many defensive strategies that boardrooms can take when they're trying to prevent hostile...
Waiting for more news on Elon's bid on Twitter, a fibonacci rule can help as an entry signal while we wait for more information. 2022 is a once in a lifetime year where all factors converge to invest money while there's blood in the streets, Elon knows it and thats why his eye is on this asset.
$TWTR Apollo Global Management is willing to finance a Twitter buyout, sources say
Bloomberg reported Sunday that Oracle (ORCL) co-founder Larry Ellison and private-equity firm Thoma Bravo could join with Musk and raise up to $50 billion. That’s quite a war chest.
The $50 billion figure implies a much higher price for Twitter stock, about $72 a share. If the $50...
TWTR just bounced off median of flag channel & is now consolidating between 2 anchored VWAPs.
A measured abc or flagpole move would take us to 116 for wave 3.
TWTR recently completed a M-pattern, reversed up & now is retesting the neck before a leg higher to reach 58 & 66 TP levels.
it also stopped right in the middle of my yellow box unsure which direction to...
This analysis is based on market sentiment. Lately, Elon Musk has caused a commotion on social media because he decided to buy Twitter, the richest man offering US $ 43 billion or equivalent to Rp. 618 trillion. Musk's reasons for owning Twitter are not purely for business or financial gain, but Musk reveals the reason is so that Twitter's social media remains a...
GOOD LUCK ELON - guy will likely not succeed in buying the platform, and then the price will fall back to the GS PT of $30 - from there it goes to the teeens
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...
TWTR nearly approached oversold territory. After the news of Elon Musk considering purchasing more shares of the company following such negative news of a potential hostile take over by his most recent offer. This all caused the company to implement a "poison pill" to prevent a hostile takeover. Which is brilliant. This however will not be enough to keep the...
Twitter I believe to still be a great stock to watch this coming week due to the chart analysis I'm watching. Twitter has been on a run ever since Elon musk mentioned the amount of stake he took with investing in this company. But over the past few trading days, Twitter has begun to pull back a little and is now sitting on a key support line. If this $44.10 area...
Watching the neckline and 618 for long opportunity, you can use the low for a stop but there is no RR in that case for me personally. 37.40's is safer stop but again adding more risk to the equation.
$TWTR is a Top watch for me this week
2x to 1 rr is first tp or line, then 6x. 25% trim at both levels. we really want to see last high (both noted) here then...
Well, we can thank Elon for this... ok so hes going to sell his shares being as hes not going to acquire twitter and that was the point in having say in the company or outright buying the company... twitter has again harmed its own investors just to keep their company... makes no sense but ok... so, let's say they dilute these shares and offer at a cheaper price,...
It's likely going to have an ugly battle between the board and Elon's takeover bid in coming weeks. Therefore the stock can come under heavy sell pressure and price could reverse from here and test $29 imo. Staying away for now is the best strategy.
The bullish impulse from May 2016 formed an Expanding Leading Diagonal for Twitter. According to Elliott Wave Theory, this pattern (occurs as Wave 1 or Wave A) usually dictates the direction of impulse - in this case, to the upside.
As long as we don't break below $13.70, all retracements are considered as Wave 2. Once Wave 2 completes, a more impulsive Wave 3...
Interestingly enough, TWTR closed Thursday at the same price it opened at on IPO day, almost to the penny. I personally love what Elon is doing here. I don't know what his goal is but I'll be here with a big bag of popcorn watching it all unfold.
I would heavily consider buying after the fair value GAP is filled with an upward objective of $60 as a percentage base standard deviation to elon's offer.
