The power of Twitter is incredible. There is no social network I know where you could find *quality* information from the best minds in the world and have a conversation after (or troll fest). The users have an incentive to share their best ideas in words, so the show-off contest is in its ideas. But even the chart shows how challenging it's been for Twitter to...
interesting pattern is shaping up on TWTR daily chart -- this is the 7th "saw tooth" since the lows in March - and keeping within an almost perfect channel.
- TWTR already facing headwinds - for a bull scenario to unfold (hit $40 in wk1 July), TWTR has to breach 2 important resistance levels and make the same move as before - but there's also an important...
Although amid the security issues, Twitter's stock price is performing fairly well. It found support from the previous resistance and managed to go up higher. I am seeing 43-44 at least in the short term.
Lets see if the stock can climb above the $41 region which could open up a major rally.
Social media once again Kicks the ass of mainstream media like CNBC.
Looking at this chart we can see the astonishing resemblance between the first mini Facebook cycle with the entirety of Twitters price action. Facebook's early cycle showed us a break out from a reverse head and shoulders and the Twitter setup is very similar The osculation in the price action is eerily similar and circled in matching colors for comparison. I have...
TWTR confirms that the "Cup and Handle" pattern is bullish at $ 37.25, which I will buy when the price touches here.
TWTR wait buy : $37.30
TWTR target : $45 +-1
Stop loss : 8% or 10%
Wish you good deals!
$TWTR is forming an ascending triangle on the daily chart. Moving above the EMAs and RSI is moving in a trend as well. No play yet but could break to the 46 dollar mark when it moves above the triangle top. I’ll be taking this play in options myself so I figured I would post the charting. Like always market direction will impact this move. Volume and a candle...
