Do Social media Giants find their support level?As you can see in these charts, social media giants have experienced a 20-46% correction in the past 2-4 months!
Now it seems they find their primary support level and may experience a 10% upward move in a short time.
Opening a long position at these levels seems low risk, however, privacy issues may cause lots of problems for these companies!
Looking at their earnings shows disappointing results and this could continue for a while!
Meta (Facebook) has made a huge move and changed its name! Those who are familiar with branding know how big this move is..!
Be careful with PINS earnings today!
Best,
Moshkelgosha
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TWTR
Twitter | Fundamental Analysis| MUST READ...Shares of Twitter dropped 11% last Wednesday after the management released a mixed Q3 earnings report. Revenue grew 37% year-over-year to $1.28 billion, which was in line with analysts` forecasts. But the company also posted a net loss of $537 million, or $0.67 per share, $0.85 below expectations, and down sharply from a net income of $29 million, or $0.04 per share, last year.
That loss was due to a one-time $766 million in legal expenses to settle a class-action lawsuit that was filed five years ago. Shareholders blamed Twitter for using misleading engagement metrics.
In the fourth quarter, Twitter anticipates revenue growth of 16%-24%, which is in line with expectations for growth of 22%. But that forecast still includes revenue from MoPub, the mobile advertising network that the company intends to sell to AppLovin in the first quarter of 2022. The company expects its operating income to be positive again next quarter, but still down 29% to 48% year-over-year as the company ramps up its investments.
Twitter's performance has not been good, and it's obvious why investors have rushed away. But isn't this drop creating a buying opportunity?
Twitter's number of monetizable daily active users (mDAUs) rose 13% year-over-year (and 2% sequentially) to 211 million for the quarter. This is a continuation of the steady growth in mDAUs over the past year.
In the third quarter, Twitter's international mDAUs grew 14% year-over-year to 174 million, but mDAUs in the U.S. grew only 3% to 37 million. Nevertheless, 58% of Twitter's revenue still comes from U.S. users. The international increase was boosted by Japan, which accounted for 29% of the company's international revenue and 12% of its total revenue.
Like Facebook, Pinterest and Snap, Twitter is doing its best to steadily improve the monetization of overseas users to reduce its overall dependence on the U.S. market.
Twitter's advertising revenue, which accounts for 89% of total sales, grew 41% year-over-year as the company benefited from the Olympics, increased its ad connections by 6%, and felt only a "moderate" influence of Apple's privacy update on iOS data tracking apps. The cost per engagement (CPE) that advertisers pay for each ad engagement was also up 33% from the initial impact of the pandemic a year earlier.
Twitter's core advertising business looks quite viable, but the company expects the sale of MoPub to result in a $200 million to $250 million drop in total revenue in 2022. The company doesn't expect to make up for those losses by growing other businesses next year, but it also said the sale won't alter its purpose of making more than $7.5 billion in annual revenue by 2023 -- a big jump from Wall Street's expectation of $5.1 billion this year.
Twitter believes it will be able to reach that purpose by increasing its audience to more than 315 million mDAUs and launching new products. But many of the products Twitter has launched - including short-lived "Fleets," organized "topics" for tweets, a new "tip" feature, and subscriptions for top accounts - do not inspire much confidence in the company's ability to meet its goals.
Twitter has already grown its workforce by more than 30 percent in 2021 to support these ambitious plans. As per CFO Ned Segal, these expenses, as well as other recent investments, are not yet fully accounted for and will likely result in "an average 20% increase in total expenses next year before new hires or additional investments during 2022."
So, some investors are probably concerned that Twitter will spend too much money next year while not launching any inspiring revenue-boosting products. They are also probably skeptical of Twitter's rosy projections for 2023, especially as mDAU growth - especially in the U.S. - is gradually slowing.
Twitter's stock is trading at about 40 times the earnings forecast. This price-to-earnings ratio makes it more expensive than Facebook, which trades at 20 times earnings forecast, but it is cheaper than Pinterest or Snap.
Twitter is still developing, but its valuation was probably inflated because of the ambitious goals it set at its Investor Day in February. Snap was also recently punished for a mixed quarter after announcing that it could deliver more than 50 percent revenue growth in the next few years.
Twitter could suffer a similar fate over the next few quarters if its aggressive spending plans don't bear fruit. Therefore, it would be prudent not to touch Twitter stock until the company shows clearer signs that it can achieve its ambitious long-term goals.
TRUTH Social vs Facebook Vs Twiter Market CapDWAC has a Market Cap of only 1.635B, but let`s put the less upside potential 1.7Bil usd at 10usd valuation, then the value of Trump Media & Technology Group should be 7.7Bil.
Twitter has 52Bil mk cap, so still a 6.7Xupside.
FB Facebook, Inc. has a Market Cap of 963.91B, so 99X from here.
what is your price target for DWAC???
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.
The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination.
Truth Social is aiming for a beta launch in November.
TRUTH Social will be a competitor to Twitter and Facebook .
TMTG+ will compete with Netflix and Disney+.
TMTG news will compete with CNN and iHeart Radio.
They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal).
Could this be the new Twitter / Facebook platform?
Can we expect a retracement to January 2021 area because of TRUTH Social gaining momentum and market share?
I`m looking forward to read your opinion about it!
TWTR Twitter to lose market share because of TRUTH Social ? Twitter permanently banned Trump from the platform in January 2021 during the final days of his term. Back then he had over 88.9 million followers.
Can we expect a retracement to that area because of TRUTH Social gaining momentum and market share?
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.
The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination.
Truth Social is aiming for a beta launch in November.
TRUTH Social will be a competitor to Twitter and Facebook.
TMTG+ will compete with Netflix and Disney+.
TMTG news will compete with CNN and iHeart Radio.
They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal).
Could this be the new Twitter / Facebook platform?
I`m looking forward to read your opinion about it!
WATCHING $TWTR for 54.90 - Key Levels and AnalysisWATCHING $TWTR for 54.90 - Key Levels and Analysis
Earnings prediction time…
I do not have a position at this time but will start one if it gets to 55
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These 10 stocks just cleared the cloud out of 100+ stockswww.tradingview.com
This is the Watch List for all 10.
They all have cleared the cloud and closed Green. Some have the potential to dip to find support. However , some like this one MP looks ready from right here. All have Green Clouds that are moving up. Some however have some deep slopes of previous Red Clouds that they just worked there way through. I marked every stock on where I found it crossing out of the cloud. This way we can track its movements from the point of interest to better tailor what to expect once it pops the cloud.
AMZN
GOOG
NFLX
COST
BBY
SPOT
MP
OCGN
XPOA
TWTR
TWTR, Best and Worst Case Scenarios, We go Long but smartly!Is TWTR on the way to make a new ATH? of course it is possible in best case scenario. Is there another scenario? Lets follow !
There are two scenarios with high probability at the moment for TWTR. Although there are some other possibilities, we simply skip them as they have very low probability for now.
Best Case Scenario:
In best case scenario, TWTR has completed the corrective wave 2 of a new 5 up going waves at 0.618 retracement of wave 1 from 49.12 to 71.25. In this scenario labeled wave 1 has been started at 50 % retracement of last major rally from 20 to 80.75 USD. If true we will see a new ATH at the prices above 100 in following weeks. It is worth to note that still price can reach to 54 USD at 0.786 retracement of wave 1 in this scenario.
Worst Case Scenario:
In worst case scenario we are just in the middle of wave C of a larger abc correction of the last major rally. In this case, correction continues down to around 43 USD to meet the 0.618 golden ration of the last major up going wave and 71.25 high is just the top of wave b at 0.786 retracement of last drop labeled as wave a.
What these two scenarios suggest us?
In case of best case scenario our Reward to Risk is extremely high. So it is wise to go long at current prices but it is necessary to keep in mind that there is another possibility. Therefore we can set our stop loss to 58.4 (last formed low ) and see which path will the market follow.
My opinion:
Best case scenario is more probable. It is useful to consider that TWTR is in the list of top 30 hedge fund's favorite stocks published by yahoo finance around one month ago.
We know we have alternative scenarios. So we trade smartly. Don't we?
TRIANGLE AND VOLUMES OR NEWS - TWTR - WEEKLYNEWS ?
Twitter news about an integration of Bitcoin tipping feature is huge. Twitter might become a central social network allowing people to use crypto and transfer money for a very cheap fee. Is this feature looking like little thing will announce the end of western union services requiring huge fees to send money overseas.
TRIANGLE AND VOLUMES ?
The black line represents the probable strongest support.
The price is following is going up overall but the tops are getting lower.
Potential pull back up on the black horizontal strong support.
Potential increase of twitter's price in the coming weeks. specially if the price reaches the black line area.
so news or triangle/volume ?
Thanks for the like and shares, really appreciated! This is not financial advice, just an idea .
$TWTR Taking Profits and UpdateTaking profits here as Twitter is coming into heavy supply zone. Will re enter long following a breakout , but my bias is to go short at rejection . Wait for confirmation either way.
"You should always want to go long in your current longs, and always go short in your current short positions. If you don't, you should close"
Twitter Bulls Just Getting Started █ Summary
Taking a look over on the Twitter side of the world, I see several reasons to love this stock at the moment and below I've highlighted the fundamental and technical components that make it a no-brainer to long.
1 — On a technical level, various of the Mid-High TF's are showing strong volume + bullish RSI divergence at this $60.00 level, which is impressive to see.
2 — On a fundamental level, Twitter's monetization of the platform continues to roll out, with ticketed audiences, sponsored spaces and general increase in user activity is going to bring this stock well above the $100 mark alone, which almost makes it too easy to jump into at this $60 range.
Compared to tickers like SNAP or FB, Twitter has surprisingly seen little to no gain in value over the last year RELATIVE to the enormous growth seen by the others - that said, many have written it off without understanding it may just be starting an epic run to catch up to its counterparts in terms of % gain over the next few years.
TWITTER Daily TimeframeSNIPER STRATEGY
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The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
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$TWTR about to touch the long term trendline$TWTR about to touch the long term trendline.
RSI and stochastic getting oversold.
Seems like a good place to start a position or add more.
You can also sell a put here for nice premium.
Safe trades!
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