Twitter ($TWTR) Excellent Long OpportunityI have severe doubts that this political fiasco will do long-lasting damage to this company and any dips will quickly be bought up. Good Dip opportunity.
Entry: $45 USD
PT: $80 USD
TWTR
Twitter looking to resume the uptrendIn my previous post, I've mentioned that there is a correction coming for Twitter and that was catalyzed after the social platform banned Trump's account.
Price has landed perfectly on the uptrend major support and formed yesterday a nicely looking pinbar.
RIS has turned from oversold zone and if you are more aggressive current price is tempting enough to enter long. I would wait for the additional confirmation from MACD. My long-term target is $58 if bullish conditions are confirmed.
Entered a position in $TWTRLooking to catch a bounce here on TWTR, solid bounce today off of a long term trend line as well as a nice fib level
in $TWTR calls 47C 1/22TWTR looking good here with a hammer going into close on the daily. Kind of scared with the inauguration, but stonks only go up.
SL below support on the daily
TWTRHi guys! Is just my opinion of this share. May be he will choose another way.
Be careful, the more often you touch the level, the weaker it is.
TWTR 45: Use rally to exit as user base would be down this QI love TWTR and its monopoly position.
The co is losing users after giving fat fingers to 75 mil Americans who voted for the other ticket.
Technically it is oversold on RSI but not on MACD with increased volume on this decline.
Using rally as an exit opportunity but not shorting the stock as it is a monopoly and its long-term outlook is excellent.
I would be inclined to be a seller of PCS at 40 levels, hopefully, post earnings after all the bad news are priced in.
GOOGL is my favorite as a social media co as the educationally focused contents are immensely useful and valuable. Technically it is the best-looking mega-cap for which I would be eagerly going long on dips, perhaps PCS 1650/1600.
FB is still cheap compared to the market and the fervor of "digital stocks" so I would be buyers on dips too.
TWTR 54: Top PIck 2021, Strong CMF/Volumes, Use Pullback as BUYFully anticipate a meaningful correction in Jan with profit-taking from new IPOs and mega gains from fluffy stocks. Has SPY Put Butterfly as a hedge (see the previous chart).
I would be excited to see TWTR pullback as buying levels, 52, 50, then 48, a strong 50 MA support (MACD is titling negative).
I have a core TWTR position, I keep selling a bit of 1ATR OTM calls to get some coffee money. Then I would sell puts on a pullback and be buying stocks too.
TWTR has a strong LT trend and stocks have been consistently being bought on dips. Its business model is improving, 2021 would be the TWTR year.
A $100 target is very probable. Good luck everyone and Happy Trading!
Note: I am new to Technical Analysis, I welcome everyone to point out my "mistakes" So I can improve my charting skills. Thank you.
TWTR 1 hour trendlines with bottom supportI still think we have more room to fall. Regardless of your political views, the press has been all over Twitter (and big tech) the last few days and the response hasn't been that great. We can also see that from the massive amount of selling the last 24 hours, specifically on Twitter.
Continue to play PUTS on this. Entering again tomorrow. Was in puts 01/11 but sold the same day.
$TWTR $FB $SPY $GOOG
Selling all my shares of Twtr - backlash on censorship is comingNo-one can show clearly that he is stronger and more powerful than the king ! FB and TwTR have just reminded world leaders of the great danger of leaving them unchecked and so powerful with their monopolies.
It is a matter of time but it will come really hard on them all , if not in the US as their supported Biden but around the world it is coming !
Their arrogance will be paid
TWTR possible swing ideaTWTR is trading very low on pre-market. The main catalyst for the drop is probably the banning of Trump. Price is now below the 14,21, and 50 emas and getting close to the trendline. MACD curled down, -DI is crossing over +DI and ADX is curling down, showing that the current trend is losing steam.
TRADING STRATEGY
Long: I am a buyer on the trendline (if it holds) with a stop loss just below it. I would be looking to sell when/if the price reacts and moves up to the 50-ema. That would be a quick 7.3% at the time of this writing. I may hold and sell when/if it gets to the 21-ema depending on what happens on the 50-ema. This would be about 12.7% at the time of this writing.
Short: You can also short and close your trade when/if price meets the trendline, or you can place a trailing stop. If you short your stop loss should be just above the 14-ema.
Safe trades!
Note: If prices start moving up on opening none of these will apply.
***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!***
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
TWTR 1 hour - support and resistanceTWTR is in the news again and people are responding. So far they aren't happy.
Watching for PUTS at market open. Normally I enter around 945-10 EST, let things settle for a bit before taking an option contract in the morning. I will be monitoring volume to see what direction we want to go but I am fairly confident I will be taking puts.
Update on Twitter: Scratch the bullish flagThe potential bullish flag is no longer on the table. On Friday the bears managed to slip the price further down with bulls buying the dip in the last moment. Currently the price has stalled on the support of the rising channel and a move bellow that line will confirm that the price may go lower towards the $45 price zone.
Buy opportunity for Twitter $TWTR ?Looks like NYSE:TWTR is going to test support on its 50 day MA, this area; depending on the volume activity, could be a good buy signal. As far a can see the stock is in a very good uptrend, it broke its resistance in the $48 zone, five years in the making. So the longer the base, the greater the breakout. I hope this is the case for NYSE:TWTR . If you are more cautious the best buy zone is when breaks out its last high in $56.
Twitter signaling a correction, BUT!The bullish flag for now is ruined as we have turned South in the previous trading session. The support of the potential figure was breached and we closed below it. Currently we are in a fractal support of the uptrend - that's the BUT! part. Because RSI and MACD's crossover and histogram are signaling that we may head for a correction and that it's appropriate to take short positions. Breach of the current support will be the additional indicator to start selling.
TWITTERThese are my thoughts on BTC . They are meant to give you an idea, not trading advice.
RSI look strong.
Broke strong resistance.
Twitter running for a new ATH.
After this there's a clear blue sky, which can result in extreme upwards power.
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS WHEN YOU TRADE
