TWTR recently broke out to the 39 range. Since then it has pulled back to support around the 37 area. It has held support and remounted back over it as well as remounted back above the moving averages. I expect to see a push back upward to the 39 area.
Twitter's price action calls for some continuation, the volume profile and general trend tells me it is going to retest the top diagonal before continuing.
Twitter delving into the political realm with controlling misinformation makes it a little riskier than the other social medias (e.g. facebook, snap) , but overall R/R is much better due to it's recent price...
Twitter didn't have much action as of recent, but still it looks very attractive for long position.MACD and RSI giving me confidence that we gonna soon see retest of 29.5-30 before going to 45 in around 40+ days. Any feedback is appeciated and happy trading!
This trade is based on Technicals:
- Strong support
- Trend analysis
- Fibonacci retracement and extensions
- Volume profile
- RSI divergence
- Bullish candle pattern
Fundamentals:
Twitter hack some days ago, was already almost forgotten,
and the earnings report from July 23, already made his move (caused the pullback)
There's no any reason for Twitter stock to...
Seeing how this week has a low volume dump, I'm pretty positive that next week will be a nice green candle upwards.
The expectation is around $40 in the case Twitter goes Bullish.
Seeing the Weekly MA trending upwards is also a bullish signal.
While other media and tech names have been on a massive run and are beginning to look precariously priced (valuation wise) when compared to operating results + global macro conditions, Twitter has languished and is subsequently a potential buy candidate as operating results are improving, priced at a fraction of the valuation of other market darlings.
I usually...
... for a 1.74/contract credit.
Notes: High rank/implied with earnings in 1. Looking to take profit at 50% or otherwise manage on side approaching worthless.
Defined Risk Alternatives: The August 21st 26/31/45/50 iron condor, paying .98. Generally, I like to get one-third the width of the widest wing out of these, but the call side is pesky with strike...
Here’s a Thought! 24 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital
Twitter (TWTR) second quarter revenue unexpectedly fell 19% YoY to $683 million. In the same quarter of 2019, revenue was $841 million and diluted earnings per share were $1.43. Shares of TWTR are, nevertheless, added pretty 4% at yesterday’s market close. What...
Okay as a long-term follow of Twitter I want to quickly chart the stock and write my thoughts here. Let's go:
1. There is still so much resistance to clear and it goes back to its IPO.
2. This resistance is heavy and each red circle actually shows how many people have cleared out and run at various points when the stock has tried to go higher.
3. Twitter is still...
