IF ? WE GET REJECTED AGAIN AT NEW RESISTANCE $10900-$10950 LOOKFOR A REVERSAL AND WAIT FOR A CONFIRMATION RED CANDLE 4hr CLOSE WITH A FULL BODY, THEN TAKE A SHORT TRADE WITH A TARGET AT $10500.00 at lower support/resistance, if ? Breakout continues then we need to break the new resistance$10900.00- $10950 by a confirmation 4hr candle above resistance and tarket will be $12200.00-$12600.00
Twitter Time to Short and Hold Crash Ahead ?Company Details
Full Name Twitter, Inc.
Country United States
Employees 5,200
CEO Jack Dorsey
Stock Information
Ticker Symbol TWTR
Stock Exchange New York Stock Exchange
Sector Communication Services
Industry Internet Content & Information
Unique Identifier NYSE: TWTR
IPO Date November 7, 2013
Description
Twitter operates as a platform for public self-expression and conversation in real time United States and internationally. The company offers various products and services, including Twitter, a platform that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services. In addition, the company offers a set of tools and public application programming interfaces for developers to contribute their content to its platform, syndicate and distribute Twitter content across their properties, and enhance their Websites and applications with Twitter content. Further, it provides subscription access to its public data feed for data partners. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.
The IPO opening print also marks the 50% retracement of the downtrend into 2016, highlighting the need for skeptical buyers to come off the sidelines here and lift the stock into the $50s. The uptick has just eased into a trading range that acknowledges resistance, so a positive catalyst may be needed to trigger a breakout. That could be a tall order in the fourth quarter, given the extraordinary challenges. As a result, there isn't much to do except to wait and watch price action in coming weeks.
The Bottom Line
Twitter stock has returned to seven-year resistance and still give no clear break out above the IPO 50% Retrace Level, Ahead elections Covid-19 $ Crash may lead s&p500 and major stock market to down side,
we can expect a twitter crash or Correction to down side soon!
Best Regards:
RideTheMacro
FANG+ Index: All US Fang Stocks Likely ToppedHello traders,
The NYSE FANG+ Index, which constitutes: Tesla, Nvidia, Alibaba, Baidu, Twitter, Facebook, Apple, Amazon, Netflix and Alphabet, have in my work, topped. In particular, those of which are US-born names. Some may get closer to their current ATHs than others, and others may consolidate in a B wave more than others, but overall as a general trend, many of them have reached their complete and total top.
A lot of people were angry at my Tesla call where I accurately predicted that the top was reached and it will begin to crash - this deemed to be correct and spot on. Since then, many people on TradingView have copied my Tesla chart almost identically with different colours now that they have already seen a significant demise in the technicals of the stock.
This is not the time to be taking risk and artificially believing large-cap US tech can "go up forever" otherwise you will get burned in the next half year and several years beyond.
Trade large-cap tech with extreme caution. This risk is not just limited to FANG stocks - but also - stocks like Peleton, that have soaring valuations; that are totally unrealistic, unsustainable and unachievable.
-zSplit
Twitter bearish opportunityHi everyone, it has been a while, but I am starting to get back into trading. I needed some time to just collect my thoughts and look at trading in a new perspective. So here it is
In short: Twitter is looking bearish
Elliottwave analysis: It seems to me that on the longer term we have finished an a,b,c move, meaning we are headed downwards. If it is a wave one of a greater move, which is very well could be, we are looking to move down to the 30$ levels. Although this will not happen immediately, and I believe will take some time.
MACD Analysis: The macd is telling me that we are about to start heading down. On the daily, we can see that there is long term bearish divergence and we have just crossed over on the 12 hour and the daily. In addition to this, we are also starting to see some longer term bearish divergence on the histogram. I would highly, highly recommend a longer term short, since I believe in the next couple of days we will be seeing some positive movements before the drop starts. I wouldn't be suprised to see a retest of the 42 dollar before the drop down.
Pattern analysis: I am unsure if this falls under elliott or pattern analysis, but we seemed to have broken out of a longer term diagonal, meaning that we can expect a fast move below the start of the wave. We are most likely going to retest the lower boundary of the diagonal. I would also recommend that you get out if we end up reaching a new high, since this would imply my technical analysis is wrong.
Overall: I am looking very bearish at twitter. The market seems to be retracing, and I don't think that this stock is an exception. Be careful, manage your risk, and enjoy your day.
Bitcoin weekly golden ratio at 6.3 kHere we can see the Bitcoin golden ratio sitting around 6.3 k on the weekly time frame which also lines up with the 200 moving average. It's important to also note that we do have a looming death cross currently in play and if this death cross plays out over the medium to longer term we could certainly in my opinion see Bitcoin test the 200 moving average to put in a third bottom before the next macro environment.
GBPUSD | SWING - 27. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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Twitter gaining momentum I've been holding this trade since Tuesday (today being Thursday) but Twitter finally seems to be gaining some upside momentum. Trading within the given channel we had a number of confluences align, starting with a perfect tap on the 0.382 fib retracement level. At the same time we also had a tap of the dynamic support (50 EMA) and 3rd bounce of 4 to complete the move. Enough bullish-ness will see us closing near $44 - $45.
Heat Biologics Inc $HTBX (Pre Market)MORNING!!!
Hope every1 had a great weekend.
Like mentioned in the video, I sold $ECOR but not at a time that I wanted. I learned something before the weekend came and is why I am now into $HTBX Pre Market to see how explosive this stock could be in a early morning or this week....
#InvestSmartWAAS
#TradeSafe
#HTBX
#HeatBiologicsINC
NASDAQ:HTBX
Some thoughts on Twitter after earningsOkay 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 below its IPO-day highs! This is after 7 years of trading.
4. The bottom panel shows free cash flow and that's a metric I really like to follow but this is particularly concerning. Twitter's FCF is still too low and needs to reverse.
5. I think the stock will chop sideways for another quarter or two as long-term holders step in and people who have been trying to get out, get out.
6. The mid-term election is about to begin and when Trump and Biden start debating... well it could bring a lot of user growth to Twitter. They need to be ready for this.
7. They need to bring back Vine! Jack had TikTok before TikTok and gave it up without much conversation at all. Bringing this back would be a long throw deep into the end zone worth trying considering the size of TikTok today.
Overall, I am no rush to do anything despite my core positions as it chops sideways a while longer.
If it breaks $40 though...