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TWITTER SET TO MOVE BIGIPO investors have long felt the pain of this stock. The hype surrounding this stock was real but the bulls quickly lost control. 7 years later and Twitter still has not rewarded those initial investors, that will change soon and here is my case. We see something that resembles an ADAM AND EVE BOTTOM which formed between 2016 to mid 2017. The volume profile shows those levels had the largest amount of trading action. Following a failed breakout in June 2019 and Sept 2019 Twitter too felt the pain from the March 2020 COVID-Panic. The price found support precisely at the top of the ADAM AND EVE. The bears couldn't drop the price any lower as the bulls came stampeding back. The telling part of this move was that the drop was not able to penetrate the section of the volume profile with the most action. This gives me confirmation that the bottom is in. The velocity of this bounce looks serious and a large move in imminent. In the early twitter price action we see a large gap that is almost hidden. This gap coincides almost perfectly with the 1.618 fib extension. The volume profile shows the resistance is getting weaker the higher the price goes. Twitter experienced a massive hack with some of the biggest accounts getting hacked including a former President!. The price neve flinched. Not only is my SHORT TERM TARGET $64, but my long term outlook on this stock is ultra promising. I think a lot of big tech will see some serious stumbles and Twitter is in shape to start a bullish market cycle. Where will the fleeing money of AAPL go? We will be hearing a great deal about Twitter in the coming days as Jack Dorsey being pressured to testify. While you would think this would have a negative effect on the price, I believe the chart is looking for any excuse to break higher to the upside. We just saw a miss on earnings but the price went up because "analysts" liked the growth in users. When a chart is ready to move, even something seemingly negative can give the spark needed to take it to an inevitable direction. The "analysts" will feed the public a narrative of why it happened but as the influential investor Bernard Baruch said "Show me the chart and I will tell you the news" If this analysis was interesting please give me a like an a follow. Also, please look at the related links for the similarities of the early Facebook breakout with where twitter currently sits. Regards
NYSE:TWTRLong
by ceesounds
1
Twitter looks strong for 2021We believe Twitter is a great investment for 2021. President Biden and the blue wave could be massively advantageous for the platform. Twitter is increasingly becoming a popular platform for accessing real-time information. The stock on the other hand has not seen much love since the initial IPO. Twitter IPO'd at a price of $26 and traded for the first time on Nov 7, 2013. That same day, Twitter ran to $44.94, an increase of 72.84%. Since then, Twitter has been going through a large consolidation period which we believe will end in a large move to the upside. Today, Twitter's market cap sits at $38 billion. That is less than 5% of Facebook's total market cap of $762 billion... wowza! In term's of technical analysis, we believe Twitter will retest the orange uptrend line for an upside of 40% from today's close. That is when we will realize some profits. If a dip is to occur, we shall see it as an opportunity to accumulate. Until then, we will ride the wave to the upside. - HH * Please invest at your own risk. We are just sharing an opportunity we see, this is not financial advice.
NYSE:TWTRLong
by HH_Analysts
4
TWITTER LOOKING IDENTICAL TO EARLY FACEBOOK CYCLELooking at this chart we can see the astonishing resemblance between the first mini Facebook cycle with the entirety of Twitters price action. Facebook's early cycle showed us a break out from a reverse head and shoulders and the Twitter setup is very similar The osculation in the price action is eerily similar and circled in matching colors for comparison. I have long thought Twitter was undervalued (relative to current stock market valuations). The largest social media breach in history (fake BTC scam) did nothing to the price of Twitter. To me this signals a solid foundation. Besides, it is one of the most used social media platforms globally and its stock has yet to show IPO investors any gains. They are coming. I do not have a Twitter account because I believe it is the most toxic of the social media. Is it that far fetched to believe Twitter will thrive in financial crisis and global unrest? A toxic world seems like ideal conditions for a toxic Twitter to blossom. Also, many big tech stocks look like they are going to see serious pain ahead (see related ideas) and Twitter seems right up the alley of tech investors to jump ship to. Twitter is poised for a breakout and looks like an excellent options play upon confirmation.
NYSE:TWTRLong
by ceesounds
2
TWTR - Scalp short because of the great hack Twitter ($TWTR) down 4% after hours as Uber, Apple, Bill Gates, Elon Musk, Jeff Bezos, Michael Bloomberg, Kanye West and Joe Biden's accounts undergo anonymous hacks. Reason is still unknown, no comments from Twitter, serious security breach, over $100,000 stolen in minutes Hit the "LIKE" button and follow to support, thank you, Information is just for educational purposes, never financial advice. Always do your own research.
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NYSE:TWTRShort
by Bitduke
16