Twitter has butterfly pattern on daily chart. Seems like the reaction on the support level is strong and buyers are actively taking their positions.
What i really believe is happening is Elon Musk wants a better price for Twitter, in the $44-45 area instead of the initial $54.50. And he will get it. The earnings won`t be strong, we could even see revisions. My buy area is between $31 and $34 and the buyout price $44. i think you can win both ways if you play an option strangle with 6 months expiration date....
Twitter Inc . (NYSE: TWTR ) is on track to closing August on the red as billionaire Elon Musk finds new reasons to back out of his $44 billion deal to take over the social media company. The company closed Aug. 30 just below $40.00. Over the last 30 days, the company peaked at $44.99, much lower than Musk's $54.20 per-share offer. Amid the ongoing takeover...
TWTR has printed a nice double bottom along this middle band of the 'Gaussian Channel' indicator This is the Monthly chart. My stance on TWTR is extremely bullish, Elon Musk owning the most prominent space where NFT's are shared (in my knowledge) is a big buy signal to me.
If you haven`t sold TWTR here: then what you should know: After buying 9.2% of TWTR shares, Elon Musk wanted to buy Twitter (TWTR) for $43.4bn, $54.20 per share representing a 38% premium to the closing price on 1 April and take the company private. Elon Musk about Twitter: “potential to be the platform for free speech around the globe, and I believe free...
If you haven`t sold TWTR at $65.50: then you should know that Elon Musk just took a 9.2% stake in Twitter valued at close to $3 billion as of Twitter's closing price on Friday. With 80.2Mil followers, Musk has the 7h most-followed Twitter account. That being said, Twitter remains an unprofitable business since its launch. Strong resistances at $48 and...
Twitter - Short Term - We look to Sell at 38.01 (stop at 39.89) We look to sell rallies. Our overall sentiment remains bearish looking for lower levels. A Doji style candle has been posted from the high. Previous resistance located at 39.00. Our profit targets will be 32.49 and 29.88 Resistance: 39.00 / 45.00 / 50.00 Support: 32.00 / 30.00 / 25.00 ...
If you considered this short call signal at $65, then yes: Twitter is now close to its 2013 IPO price $26 per share. Just that the stock debuted on the NYSE at $45.10 a share. So you can buy it lower now. I would think twice, though: The company is not profitable and its co-founder, Jack Dorsey, has stepped aside as the company's CEO. Twitter can also lose...
We are bullish on twitter, after completing wave (y) in the minute green degree of which the downward move began in about mid-July 2021, this move has seen twtr move lower to the bottom of the channel as low as $41.00. Now we expect twtr to resume the bullish cycle of wave 3 in the red minor degree to at least about $167.00. This drop has presented us with a good...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Potential head and shoulders forming on the daily. Settled on the 50 EMA (purple line) looking for a bounce out past 63.35 or the 9MA (white line) Tomorrow I will be eyeing the 5/14 $70 C Tomorrows open will tell us a lot about tomorrow movement.
Video Breakdown on $TWTR! Great Day today!
This is very overbought, even on monthly RSI which makes a retrace likely. Also it is equal to previous all time high levels and so far has not been able to break above this resistance. For a target TP 0.618 Fibonacci aligns perfectly with previous structure at $56.11. First we need to see more rejection from resistance before entering a short.
Twitter is setting up nicely for a move to the upside. We remain bullish on twitter. * This is just free advice, not financial advice. We love sharing what we do.
TWTR 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...
Sometimes you just gotta be a bear! Entry: green trendline from March (ATH: 56.00) PT1: white trendline (48-49) PT2: red trendline (44-45) SL: break of ATH