Twitter - Bullish Sequence!We are bullish on twitter, after completing wave (y) in the minute green degree of which the downward move began in about mid-July 2021, this move has seen twtr move lower to the bottom of the channel as low as $41.00. Now we expect twtr to resume the bullish cycle of wave 3 in the red minor degree to at least about $167.00. This drop has presented us with a good opportunity to buy twtr at a discounted price.
Twitterstock
TWTR Twitter: New CEO, Now What?Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Twitter Inc ( TWTR ), traded on the NYSE.
#CryptoPickk notes the following:
1) Twitter price has been falling for multiple months after the price met an all time high around $80. It has been supported in the past by a multi-year trendline (in red).
2) Based on the Fibonacci Retracement, the price bounced off of the 0.618 level around $43. Generally at this level, price tends to have a reversal so we may be able to see upside from here.
3) The RSI (relative strength index) is in the oversold territory and about to touch an area where it has reached a few times in its history. From this point, there is usually a bounce.
4) The Stochastic RSI (Stoch RSI) is in the oversold region and looks like it may be forming a double bottom before a move up.
5) The Money Flow Index (MFI) recently formed a double bottom and moving back up.
6) The MACD is still oversold.
7) The Sell Volume has been significant over the past few weeks but has been decreasing. This may show the Sellers are losing steam.
8) In the news, Jack Dorsey has decided to step down as CEO of Twitter to focus on Square Inc. He will be replaced by the current CTO, Parag Agrawal, who has been with the company for many years.
9) The price has the potential to get back to the $80 price range, which would be a 83%-84% gain. It may come with volatility.
What are your opinions on this?
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
TWTR. REVERSAL, OVERSOLD.Twitter clearly hit targets where it had little to no support and specific take profit lines, reasoning to having this big drop... it wasn't because the CEO stepping down. Anyways back to technicals, we've been in a huge declining trend for about 7 weekly candles. Based on the chart we are about to hit a .886-1 reversal Fib. This doesn't mean that it's a guarantee that it's going to just get sniped and reverse back up, BUT I will say this... we are hitting the bottom of the Bollinger bands, weekly 200ma. and about to enter oversold zone with the RSI. IMO $42-39 has great support and a great spot to DCA. Goodluck.
TWTR NFT Community Boost For anyone involved in NFT's it is evident that Twitter has become the home base for NFT communication
A community as strong as this one can have an effect on TWTR's value
Each day the NFT community is growing larger, and hence also twitter
From the TA side of things, using these Fibonacci circles it can be seen that 3.618 from an acquired downtrend is acting as a support. A bounce will likely occur of this line and price will start heading upwards, as indicated by the Bars Pattern (in green).
TWTR Twitter to lose market share because of TRUTH Social ? Twitter permanently banned Trump from the platform in January 2021 during the final days of his term. Back then he had over 88.9 million followers.
Can we expect a retracement to that area because of TRUTH Social gaining momentum and market share?
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.
The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination.
Truth Social is aiming for a beta launch in November.
TRUTH Social will be a competitor to Twitter and Facebook.
TMTG+ will compete with Netflix and Disney+.
TMTG news will compete with CNN and iHeart Radio.
They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal).
Could this be the new Twitter / Facebook platform?
I`m looking forward to read your opinion about it!
TWITTER Daily TimeframeSNIPER STRATEGY
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If Price Reaches The Demand ZoneThe price has almost created a down trend on the 1 hour frame and it (may) reach the Demand Zone.
If it reaches the demand zone and a clear reversed head & shoulder or double bottom pattern is created inside the zone and the nick line is broken then I see price would jump up to the nearest moving average or swing high.
YOU NEED TO KNOW HOW TO TRADE THE HEAD AND SHOULDER AND DOUBLE TOP PATTERNS, PLUS YOU SHOULD KNOW HOW TO ENTER THE TRADE WITH THE RIGHT RISK MANAGEMENT. OTHERWISE DO NOT ENTER THE TRADE.
$TWTR about to touch the long term trendline$TWTR about to touch the long term trendline.
RSI and stochastic getting oversold.
Seems like a good place to start a position or add more.
You can also sell a put here for nice premium.
Safe trades!
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A retracement in Twitter is an opportunityTwitter's earnings came in below consensus forecast which saw a 15% drop in the share price. Its a stock that has had a disappointing long term performance with a history of upsets in its results. The question is do we buy it at the current price or should we expect further downside?
Trading signal
The signals suggest that Twitter is oversold. It should start to appreciate in price over the coming week. The fall in price is also at the support's trend line. Even if it breaks lower, at these levels its a great opportunity.
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BUY TWITTER or keep in te wallet/ACHETER ou Garder English:
CHALLENGE EVERY DAY ONE TECHNICAL ANALYSIS FOR A MONTH DON'T FORGET TO SUBSCRIBE AND PUT A LIKE
Hello everyone, according to my graphical analysis of TWITTER , there is a high probability of an increase. Brcause THE MARKET WILL TRY TO CLOSE THE GAB , THERE IS NO SIGNE OF SELL SO BUY
Français
DEFI CHAQUE JOUR UNE ANALYSE TECHNIQUE PENDANT UN MOIS N'OUBLIEZ PAS DE VOUS ABBONEZ ET DE METRRE UN LIKE
Bonjour à tous, d'après mon analyse graphique PAYPAL , il y a une forte probabilité d'augmentation parce que . IL A PASS DE SIGNE DE VENTE EN PLUS LE MARCHÉ NA PAS DOONER AUCUN SIGNAL DE VENTE DONC LE MARCHÉ ESSAIERA DE COMBLER L'ECART EN ACHETE
Buy the dip on Twitter, potential rebound after dropping 15% A potential rebound of Twitter after a huge drop last week driven by the banning of America's latest ex-president. We see Twitter's price action at a strong support .
RSI showing the stock completely oversold .
Action to take: Buy Twitter, set your stop-loss @ 15% ( whatever you like, this depends on your risk)
This is my first idea and after a few years of learning from all these awesome people at TradingView, I would likke to start sharing a few of my thoughts for those that started learning this year. Cheers and thanks for your support!!!
TWTR (Twitter) Can Be A Very Good Buy OpportunityTraders, Recent fall in Twitter (TWTR) can be a very good opportunity to buy this stock for min 20% rise. The level to buy is around 50 in the FCP (Fibonacci Confluence Pattern) Zone where we have completion of M pattern along with a trend line support. Max level is 48.44. Stops should be beyond that. This is a quick and simple buy trade.
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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