Twitter has some upsideGrinding towards resistance at 47$. We are in a wedge formation/ascending triangle. RSI still bullish looking for a break to the upside of the triangle. To get in Im looking for a pullback to lower trendline and fib .618 that seem good entry levels. Macro pattern is also looking like a cup and handle, if its 80$. My first target would be 56 with a sl at 35. Elections coming up gives twitter also good momentum.
Twitterstock
Twitter (TWTR) 2019 AnalysisHey there again,
So time for some #Twitter #stocks charts analysis based as usual on #fractal #cycles. This has been done on a week/month time frame chart to analyze the whole panorama, and went deep until 1hour chart.
So as usual, this are just first images with some indicators stills. Pay attention on time frame on every image cause ill be posting some variations. As every analysis i post, this are just my ideas and not investments advice, so use it at your own risk.
Hope you find it interesting!
Happy trading! :)
Cheers!
Charter X
Buy $TWTR. One of the Best of the Long-Term StocksToday, we have very sweet opportunity to buy TWTR shares around the trend line. So show me even one argument to not do it.
Support: EMA 20&50 Lines, Strong Trend Line ~$35 per share
Resistance ~$37-$40
Enter ~ around the trend line and support EMA lines
No TP or SL.
Buy & Hold.
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Good Luck.
$TWTR. Trust me, you won't be sorry.I'm sure the resistance LVL ~$37-$40 range, won't be the problem for the price, therefore I recommend you to pay attention to this beautiful share and hold it for a long time. Jack Dorsey is looking at $crypto, so I bet, Twitter will present something interesting related to cryptocurrency, very soon.
Support: EMA 20&50 Lines, Strong Trend Line ~$35 per share
Resistance ~$37-$40
No TP or SL.
Buy & Hold.
Good Luck.
Twitter Not Looking Too GoodTwitter has been setting up a couple pretty strong bear patterns.
There is a nice forming H&S pattern with the right shoulder forming a low slung triangle pattern with the down-leg candles strong the the up-leg for the triangle and also the H&S pattern.
Moving averages has also decided to cross bearish with price action showing below it. The 100 EMA on the week looks to be the only support looking to support Twitter which happens to be around the red line drawn. Might have a little support from that. Once that breaks, no real strong support until
about $14 (All time low)
Possible short @ $29.44
Stop Loss $32.11
Taking most profit around Int 2.
Twitter’s Earnings Topped Wall Street Expectations. HERE IS WHY!Twitter stock rallied to a 2019 high in Tuesday's pre-market after beating first quarter estimates. The company has exceeded its quarterly earnings per share (EPS) estimates by 22 cents and its revenue expectations by 1.5% at $787 million.
After Twitter reported its bullish metrics, the stock jumped more than 18% and pulled back, settling at the +15.64% at the end of the trading session.
The key facts reported by Twitter in its earnings press release were as follows:
Revenue was $787 million, up 18% year-over-year, reflecting particular strength in the US. Total US revenue was $432 million, an increase of 25%.
In Q1, revenue outperformance, in combination with lower expenses, resulted in better-than-expected profitability, with GAAP operating income of $94 million and GAAP operating margin of 12%.
Average mDAU in Q1 was 134 million, up 11% year-over-year, driven by organic growth as well as ongoing product improvements and marketing.
Total ad engagements increased 23% y/y, resulting from higher ad impressions and improved clickthrough rates (CTR) across most ad formats. These metrics reflect ongoing strong ROI for Twitter’s advertisers.
To put this earnings news in context, let’s take a look at the Twitter’s price chart and the signals of technical indicators:
The 30-day Exponential Moving Average (EMA) is growing and the market price is above the EMA, which is a strong technical signal of an upward trend.
Market price has surged above the 2019 high at $35.3, thus breaking an important resistance level and generating a price momentum upwards.
The monthly stochastic oscillator is engaged in a full-blown buy cycle, offering a stiff tailwind for buyers after the earnings news.
The takeaway : Undoubtedly, in Q1’19 Twitter has reported very strong fundamentals, and the price chart confirms that the trend is upwards. This quarter continued a sequence of previous quarters of consecutive healthy gains and reinforced the already growing optimism around the company.
We believe that the Q1’19 has really shown a sign that Twitter is on the path to accelerated revenue and user growth. Not only did they beat the revenue expectations by a wide margin, but they also beat on a monetizable daily active users (mDAU) growth. So this is a sign to investors that all of Twitter’s investments in product innovations, aimed at making the product easier to use, are having an impact.
Revenue strength reflects successful execution across product and sales, coupled with broad-based advertiser demand. Average mDAU has grown up 11% y/y, meaning that the app is driving more people to enjoy conversations on Twitter every day.
We believe Twitter still has a long way to go in terms of making its product more conversational, innovative and easier to use. Continuing product improvements will be driving the mDAU numbers consistently higher. And, we know that advertisers are following where the users’ eyeballs are and, as the mDAU numbers go up, advertisers will follow along.
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Consequently, any person acting on it does so entirely at their own risk.
Twitter Stoke High Touch $42 to $45 TWITTER Stoke must be high 42 to 45 level . The market price is now at 39, From here the market can make some correction,so if you can wait for correction , it will be good to buy position because market must be touch 42 and 45 Area. Correction Area 37.50 should be take a buy position .
Twitter's shoulders are under a lot of pressureSimply put, I see the bearish-reversal Head & Shoulders formation on Twitter.
Once confirmed with a strong breach below the $26.00 (the formation's neckline), I see two price targets south of the mentioned neckline:
$17.40-$19.50 levels (Fibo extension near an old breakout gap)
$6.00 (classical measure of a typical H&S formation)
Volumes has been dropping since the creation of the left shoulder, indicating less interest in market participants' appetite for the share.
The proper stop-loss for such short position should be above the right-shoulder's level (>37.23). Your risk-appetite, however, could be different.
*Always remember: this is an opinion, not a recommendation*
May the trend be with you
Twitter Back at Final Resistance LevelTwitter stock started to surge to the topside of the channel on October 25th. Where the company announced earnings significantly higher than the market estimates (Tradingview estimates shows Q3 earning at 3476.56% surprise...). Now price is testing final resistance level of the bearish trend. A pullback in the market specifically the Nasdaq could preasure a reversal.
Trade Step-ups:
Bearish Reversal: Price rejects a break higher from the trend. Look for a move to fill in the gap on October 25th. Profit levels to look for are 30.00 & 28.00 respectively.
Bullish Breakout: Price breaks current bearish trend channel, look for consolidation above 35.00.