Price bounced off nicely off the bearish POI at 43.64 as per my last analysis. From here, I'm expecting price to continue lower at least to the lows at 38.06.
Twitter has butterfly pattern on daily chart. Seems like the reaction on the support level is strong and buyers are actively taking their positions.
What i really believe is happening is Elon Musk wants a better price for Twitter, in the $44-45 area instead of the initial $54.50. And he will get it. The earnings won`t be strong, we could even see revisions. My buy area is between $31 and $34 and the buyout price $44. i think you can win both ways if you play an option strangle with 6 months expiration date....
Currently testing the weekly supply zone on heavy volume. Just below the open price on IPO day as well (black dotted line). In a small starter put position in case this thing wants to get crazy over the weekend. Will look to add next week if it holds. Basically $1 risk for a minimum of $4-5 (gap fill) reward imo.
hello freinds this chart we shows that this market will know a downtrend on next days when i recommend Selling with a fort probability if you have any questions you can write it in commentaire below and i will answer them and please don't forget to support this ideas with your like and comment thank you cordialy
Price is playing out nicely so far after a few days of consolidation. Price is heading for the bearish POI at 43.64. My expectations are unchanged, expecting a bearish retracement when the price mitigated the bearish POI at 43.64.
TWTR is currently at a very important junction. There is the cloud & a convergence of moving averages giving strong support. Moving averages ma50 x 150x 200 x100 with price holding ma50 in the last few days. If you draw a downtrend line from recent tops, price is crawling exactly on the line trying to breakout. Price may still consolidate & further constrict the...
Monthly is basically a gigantic triangle, zoom into the weekly and we have a fresh TTM Squeeze that is forming, to no surprise of a triangle, but upon further inspection it formed a diamond much clearer on the daily and I have measured out the potential moves. This does not have much time left if you gonna trade this, pray you got the right direction. The only...
TWTR hasn’t been the same since Trump left office TWTR had a good 2020. Started its uptrend July 2020 watching price go up from 32 and topping out at 80 Feb.’21. Price came crashing down, bounced off 200 ema and found resistance at 72. Price continued to move sideways until it lost support of 200 ema on Oct.27, 2021. Shortly after we had a death cross of 200...
Price is consolidating since my last analysis. Price doesn't seem to have any more bullish momentum to the upside. I'm expecting price to react to this fair value gap and go lower. Of course, there is still a possibility of price heading towards 43.64 before going lower.
Twitter: It has a banner pattern, if it is breached by the closing, it is expected to rise first to 44.65 levels, and it represents an important resistance from which it can rebound to correct
it looks like it might to break to the upside I'm going to wait for it to break the down trend 42 for the short I'm looking for around 41.30
Long : Looking for a break of this area with a continuation higher, maybe to test the previous high Short, looking for a bearish cross on the 250h
Twitter, what can I say, buy some at the value area (32.5) and hold for the 200's
Price did not play out as analyzed the previous weeks. I was expecting price to go down, but it went up to fill the fair value gap at 41.94. Right now, I'm expecting price to fill the fair value gap at 34.80. We could potentially see a slight up move to mitigate the bearish POI at 43.64 before going lower.
Price played out as expected last week. Price is heading towards the fair value gap at 34.80. This week, there are no changes to my expectations. We should see price continues on the downtrend towards 34.80.
I have indicated my expectation for wave 2 with red cuts, bearish triangle indicates wave 4, it is not necessary to make a symmetrical triangle, I showed it as a possibility. I created correction 2 assuming that there will be no recovery in the world economy next year. not a recommendation.
Twitter Inc . (NYSE: TWTR ) is on track to closing August on the red as billionaire Elon Musk finds new reasons to back out of his $44 billion deal to take over the social media company. The company closed Aug. 30 just below $40.00. Over the last 30 days, the company peaked at $44.99, much lower than Musk's $54.20 per-share offer. Amid the ongoing takeover...