TWTR
Twitter (TWTR) - A Potential Turnaround Story?Twitter (TWTR) has finally showing some strength since IPO. After first ever quarterly profit, can Twitter turnaround and be a multi bagger from here?
On a weekly basis (which is the minimum time frame that I am using for stocks), Twitter has shown some signs of bullishness from all the indicators (RSI is above 70, DMI is bullish, and the candle is hovering at the upper bolinger band and above its 20 and 50 moving averages). Can the momentum be sustained? 30 USD is an important level for this stock and it needs to hold above this level.
TWTR Twitter. Potential Cypher PatternSo, what do we have for now ?
Twitter's stocks price increase in 4.5%. Earnings tomorrow and nice news flow. Also based on TA , I see probably cypher pattern. Let's wait for tomorrow. P.S. markets may still go down, as it didn't recover well after huge fall.
I put TP on 31.8 and SL on 24.
Good Luck and take care.
Aggressive swing trade on TWTRTrading based on the hourly chart.
Would like to see TWTR pull back some into the EMAs for an entry with a target near the most recent high. Really like the volume that came in on Friday!
Twitter Price Stability & HighsTwitter seems bearish with a 52 week high, but also seems stable at around the $25 price. The correlation as been mostly negative in the past, with a small rebound going positive. It is quite possible in this trend line that a 47% increase in price in the next 2 year can happen. However, given increase in competition, overall market adaptations, as of now it is investible with medium to high risk with a small percentage of return given the $25 price point. Overall, you can still profit out of the stock price of twitter as a short for some minor positive correlations, but long term stability and price increases is to be determined. Part of it depends on higher continued demand as well as the position it is after new updates, to reach expected earnings targets for that long term increase.
My 3 Targets Long Term for TwitterI'm a medium & long term investor. Here you see my 3 targets for TWTR.
My last entry on the share was the 26th april 2017 at 16,19 USD
TWTR bearish stochastics divergence, channel topA really nice divergence there with a reversal candle rejecting the top channel line. if the santa rally won't take this higher, we can see a nice drop. first target is the daily 50MA.
Completed a daily bearish pattern TWTR's rally has driven its price to the PRZ of a daily bearish pattern.
Potential pullback towards 20$, 18$
OPENING TWTR DEC 15TH 17/19/23/25 IRON CONDOR... for a .49/contract credit (late post).
Finally catching up with some of last week's trades ... .
Relatively high implied volatility after earnings (currently at 44%), going small, defined, since I'd rather keep dry powder on for something sexier (which there hasn't been much of here).
Will shoot for 50% max on this little fella ... .
Trend reverse - TWTR wave long term up
short term up
my point of view
profit arena near 23.8
stop
at
19.6
TWTR Bearish bat pattern and 24 fig combinationTWTR rallied 2 days in a row after its 3Q result.
I'm not trying to pick the top, this trade is more for a long position to take profit than opening a short position.
There is a daily bat pattern in front of the 24 fig, which probably has lots of sell limit order there.
If there is a reversal sign near 24, I believe it's a good idea for the bull to take some profit!
Post Earnings ViewTWTR rallied from a daily support zone (MA lines and structure)
TWTR broke above a weekly structure zone
TWTR is facing a daily resistance zone
Near 23$ TWTR will complete a bearish Gartley.
THE WEEK AHEAD: AMD, TWTR, STX EARNINGSSTX announces earnings tomorrow before market open, so any play would be on high post-announcement volatility afterglow. The November 17th 32/38 short strangle is paying 1.47 at the mid with break evens at 30.53 and 39.47 with its defined risk counterpart, the 29/32/38/41 iron condor paying .99 with break evens at 31 and 39.
AMD announces on 10/24 (Tuesday) after market close. Although its IV isn't quite there yet for an ideal volatility contraction play, the November 3rd 14 short straddle's paying 1.53 at the mid.
TWTR is up to bat on Thursday (10/26) after market close. Its background IV is above 50%, but it's been higher over the previous 52 weeks. The November 3rd 18 short straddle's paying 1.78, although I could also see playing it directionally via short put from the low end of its long-term range (around 14) should earnings be particularly lackluster. Currently, a short put with a break even around that low isn't yet paying decently, so you'll have to wait for the underlying to go lower to make that play.
Broader market, the "majors" (SPY, IWM, QQQ) continue to grind higher and implied volatility remains disappointing low for premium sellers, with the VIX finishing Friday's session below 10 and the first futures contract trading above the 16 level way out at the tail end of the term structure in June.
TWTR Bull TargetRecent run-up in $TWTR into earnings coming this Thursday seems to project a bull target of approx. $22.
TWTR breakout$TWTR - breaking through long term resistance level of $19.80 on strong volume. ER later this month.
Trade TWTRShould be some clear trades on TWTR. I'm going to trade the potential channel; the break of support or resistance. I hold a lot of swing trades but TWTR will be day trades. It will be important to use the lower time frames to get the entry and exit.
Up 5% today, but TWTR has not yet "broken out"All-time daily chart showing a clearly negative trend since the IPO. TWTR still has plenty of work ahead if it wants to change the momentum. Note the converging trend lines - and that TWTR has never sustained a bullish crossover of its 50 and 200 d sma
TWTR: Shot in the dark...Maybe this time is different. I'm back in the $TWTR long trade, with a small 2.95% stake in it. I think there is a chance to start a rally from here, after the recent daily downtrend time runs out tomorrow. While above the levels in yellow, we could trigger a monthly uptrend, at any time, so, it is a good idea in my opinion to enter prematurely, and see if we gain traction. Perhaps stories about acquisition finally surface, and this time, we do hit our top targets succesfully. Potential monthly upside shown by the red dashed lines on chart, by year end.
Now that even my president uses $TWTR for policy announcements, maybe things become more positive for the company.
Cheers,
Ivan Labrie.
