Twitterstock
Twitter ScallopAn inverted ascending scallop has formed on the 4H chart for twitter, this provides a nice double bottom formation once complete, and potential long entry point along the falling wedge downtrend line. Weak regression trend is present, normally should only include these if they are strong regression trends however it suited well in this situation.
Twitter looks good long term investment $60 targetTwitter, becoming a leader in World News, Sports, Gossip, Entertainment, Politics... This virus is pushing everyone searching for answers from
-death, school shutdown, forced curfew, hospital updates, and more. I have a $60 Target based on the AD , this is a long term hold me off of C wave, where I'm looking to buy the dip
Twitter.com inflated growth numbers and culture of abuseThis company is massively overvalued.
Growth numbers have been in decline for a while. (With only moderate growth the past two years.)
A large portion of the user base is bots. (Could be as much as 50-80%)
Chaos and lack of leadership.
Major problems with online abuse; infact a culture that thrives on and encourages it.
This company has been getting a free ride for too long.
One to one extension targets see twitter at $25 this year.
It's time to dump this trash heap from your portfolio.
Sell, sell, sell!
(Disclaimer: Opinions expressed are my own and nothing I say should be interpreted as trading or investment advice. Trading is high risk. Never invest more than 10% of your account in any given asset. Don't trade without a system and understanding risk management.)
💎TWITTER-Success closed the previous idea and open the new one!Hello everybody! 🧑🏻🚀My last recommendation has brought HUUUGE profit (28%) on NYSE:TWTR and now I open the new one on this share.
Summary:
1. One more GAP on the TWITTER.
2. The GAP on this share always close.
3. You can set limit BUY order near the last gap and waiting for the new wave UP.
Link to my last IDEA about TWITTER
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Twitter's 2020 is Shaping up to be a Fantastic YearFounded in 2006, Twitter Inc. is one of the leading microblogging and social networking site in the world. The stock had an exceptionally strong run between 2016 and 2018. In a little over two years, the share price rose from as low as $13.63to as high as $47.87. That’s 252% gain in two years.
Unfortunately for shareholders, the bulls could not keep that momentum any longer. The past two years brought the exact opposite in terms of returns. In October 2018, Twitter stock fell to $26.28, down 45.5% from its June 2018 high, and currently trading -30% ($32.9) today. What do the next few months have in store for Twitter investors? Let’s hear what the Elliott Wave principle has to say on Twitter’s weekly chart above.
Twitter’s 2016-2018 rally unfolded in a textbook five-wave impulse, labeled 1-2-3-4-5. This pattern means the overall direction of the stock is up. However, a three-wave correction follows every impulse according to Elliot Wave theory. That is what I believe has been unfolding in the last two years.
Twitter Inc. seems to be declining in wave Y of a W-X-Y double zigzag retracement. Since fifth waves are usually fully retraced, it makes sense to expect more weakness in wave ‘c’ of Y. In the mid-term, downside targets near $24 a share are plausible.
On the bright side, once the wave Y downside target is reached, the 5-3 wave cycle would be complete. A reversal for the beginning of the next bull leg should then occur in that area. For now, though, the bears remain in charge. This is not the best time to buy Twitter stock according to the Elliott Wave principle.
What’s your view about Twitter stock?
Twitter Shares are UndervaluedHello traders and investors!
PrimeXBT would like to direct your attention to a technical and fundamental analysis overview of TWTR.
Fundamental Analysis / News:
The blockchain-analytics company Messari has compiled a rating of people and trends that have the greatest impact on the future of the blockchain industry. The first two places on the list were taken by Changpeng Zhao, who is the founder and CEO of Binance, and Twitter head Jack Dorsey .
Dorsey recently decided to create a decentralized standard for social networks, and Twitter will among the first companies in the world to implement decentralized standards on a large scale.
Their new standard will help them to overcome a plethora of pressing problems and to expand the reach and capability of their social network.
Twitter grew its monetizable daily active users (MDAU) to 145 million in the third quarter. That's a 17% increase, the company's biggest user growth in two years. Revenue also increased in Q3, jumping 9% to $824 million .
The stock price might be struggling because while Twitter is growing, it does not always have a positive reputation. That's partly due to the political divide in the U.S. and partially due to how the company polices the content on its platform — something that might change under their new decentralized standards.
Technical Analysis:
Recently, Twitter Inc has broken through a very wide and rising long-term trend line. This breakthrough was accompanied by a gap that is in an area of the chart where a security's price either rises or falls from the previous day’s close, with no trading occurring in between. Gaps like these tend to get filled.
Overall, it is expected that in the short-term TWTR's market price will gradually rise until it reaches the middle line of the descending channel.
Support zone: $27.30 - 26.30
Resistance zone: $33.70 - 34.75
Market Cap: 24.727B
Watch closely for our future updates to be the first to get well-timed trading signals!
Best of luck with your future trades!
TWITTER BUY IT WITH CEO.CODES an hour ago
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Twitter investors outragedHello, Traders!
Monfex is at your service and today we overview Twitter.
Twitter reported revenue and profit in the third quarter below forecasts, explaining this by problems with advertising, as well as unusually low demand during the summer.
TWTR in a little descending channel and a large gap of -10%+ that has a pattern of fill, so we can expect some rise to $37.5 in long-term.
The local resistance zone ~ $34.5
The local support zone and a Key buy level ~ $26.7
Market Cap
24.422B
Share your thoughts, ideas about the market under the chart.
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Twitter SHORT like Forecasted YesterdayTwitter has disappointed and is falling in a big hole.
But in my oppionion such a drop doesnt come out of the
Nirwana.
As the Long trendline has been broken in September
and trading below major support these stock has been
ready for that fall.
In my eyes, the chart tells us all and here the buyers have
been gone away from that stock since weeks.
Thats a sign of no confidence nad the reality comes
now.
We have to wait how far it goes for a further analysis.
DONT !! catch in a falling knife (you know...)
Good trades
Good trades
If you want to support my work please like them...
and if you want to know more about my trading style
please send my a boardmail.
Renkotrade
TWTR Twitter SHORT but Datas to come Whatch the trendlineHello to all watching my charts.
Here in a daily Timeframe my view of twitter before
earinings.
Of course somebody will tell:
Wait untill earings to forecast but i think its interesting to have a
view on Twitter before !
and only in a technical view
Than we are able after the earings to confirm the technical
view or to change them cause of big buy volumes
for example,
cause ist eays to see that Twitter is in a short mode
at the moment broke support and broke trendline.
My channelsystem tells me short.
Lets have a look again tomorrow to see whether
i am right or not.
Good trades
If you want to know more about my trading style
please send my a boardmail.
Renkotrade