Looks like Twitter is setup to drop hard after going full fas cist.
Amazing how Trump literally saved the stock, look at the chart. Now they are destroying themselves.
Looks like NYSE:TWTR is going to test support on its 50 day MA, this area; depending on the volume activity, could be a good buy signal. As far a can see the stock is in a very good uptrend, it broke its resistance in the $48 zone, five years in the making. So the longer the base, the greater the breakout. I hope this is the case for NYSE:TWTR . If you are more...
Twitter on the daily has been looking questionable recently with 2 daily spinning tops in a row while quietly going down.
You're also showing an argument for Bearish Divergence on the weekly MACD and RSI with very weak looking price action:
I expect a 78.6% retrace out of this.
The bullish flag for now is ruined as we have turned South in the previous trading session. The support of the potential figure was breached and we closed below it. Currently we are in a fractal support of the uptrend - that's the BUT! part. Because RSI and MACD's crossover and histogram are signaling that we may head for a correction and that it's appropriate to...
$TWTR has had a very choppy last 13 days of trading forming what is hopefully a very nice bull flag. It is creeping to its previous resistance new support at $53, which also happens to be where the 20ema is hanging out! I expect a lot of buying to come in at this level and hope to see a very strong move on this in the next few days/ weeks. Will see how price...
These are my thoughts on BTC . They are meant to give you an idea, not trading advice.
RSI look strong.
Broke strong resistance.
Twitter running for a new ATH.
After this there's a clear blue sky, which can result in extreme upwards power.
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS WHEN YOU TRADE
Twitter has been creating higher lows at a healthy pace. It closed over an april 2015 high recently & is flagging but can go both ways. The question is, which way will it go? If momo carries it can gap up to highs not seen since 2014 at $70. Considering we're coming off of a wild 2020, I see more upside than down.
PT of 65 by March 2021
TWTR is getting ready to break out of the trend within the next couple of weeks. We're watching for a break above the 54 area to test 56 or break below 53.6 and to test 51.60 and potentially 50.50, good luck!
Good morning traders, welcome to the last day of this 2020. Today, we bring you a stock that we consider to have great upside potential if certain conditions are met.
🔸Well, the first thing to detail is that we can see that from historical highs to the current moment, the price has a parable behavior, where a downtrend is generated, then the price finds a...
I am expecting TWTR to follow a downtrend for the foreseeable future. Going short on a 1-3 months basis.
- Approaching its upper trendline
- Crossed down its MA 10 and on its way to cross down MA 30
- RSI > 80, we are a looking at an largely overbought stock
- MACD bearish crossover
Critics and feedback are welcome :)
