Must notifies TWTR that he is pulling out of the dealHere are 3 key points from the news that hit the markets regarding Elon Musk and Twitter ($TWTR)
1) Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter.
2) Musk’s lawyer claimed Twitter failed to comply with its obligations in the merger agreement.
3) Twitter’s board chair Bret Taylor said the company is still committed to closing the deal at the agreed-upon price and plans to pursue legal action to enforce the agreement.
Now if you ask me, fundamentally this looks horrible for Twitter, so I suppose that that we could only see bearish pressure come Monday. Furthermore, the overall market is super bearish right now and things look to only get worse and worse not only for Twitter, but for many market participants.
If we take a look at the technical analysis of Twitter it doesn't look too good either, with a failed bullish push in recent weeks being completely killed of and the recent price action forming 2x lower highs in a short period of time, to be this looks super bearish and add the fact of the above points and you have a super short opportunity!
Now remember, I am a day trader... there's no way I am looking to hold onto any trade longer than today, the only thing this weekly chart does is tell me to be more ready to sell than to buy, yet I'll be ready to do both no matter what as one of my main trading rules are to follow price action and don't fall in love with any direction.
Going back to the technical analysis again, we see the All time highs being killed off completely and actually forming a LOWER HIGH on the weekly chart, ATH was established in July 2021 yet it clearly formed a lower high on the weekly as you can see on this line chart. While we are at line charts, I prefer them for market direction because they tell me where price action is closing.
Anyhow, I don't want to rumble much more, I'm very interested in trading liquid assets and Twitter + NASDAQ will surely be liquid this week so I am as excited as Borat was when he visited America!
Look forward to great success :)
Elonmusk
The TSLA CoilIt may just breakdown on Tuesday, but it may also pop up a little more first. Either way, it's bearish unless they can get above 770.
Getting under the coil and then struggling back up to test it for a few weeks makes most sense. I don't think it just flushes down hundreds of points without any attempt to recover 650-700. Fall is probably going to be a lot worse.
New investment for MondayTwitter investment idea:
Okay so last time I posted about this company was when Elon was taking over the company. We did get a big boost then and I was thinking of buying some shares once the price was back down a little bit and all of the hype was calming down a little.
When we have a look at the chart now we can see that the big sell of in the stock market that we got last week was the right thing that we needed for this company. At the moment we are in the 40 range and that is the range I was looking at in the beginning to start investing into it. We can see that the big gap we got from the news is fully closed back so we can start to see some normal volume coming into the company for the next weeks I hope.
I am going to see and wait for the NY opening on Monday to see what the stock price is going to do. Then after a few hours I will be adding this company to my portfolio. This is a long term investment portfolio so this is not a company I am buying to just make a quick buck. This is a company that I will be holding for at least 5 years. Once the price is good for the company then I will sell it. So if you are just looking to make a quick buck then I would suggest you to not invest into this company for now because there are way better companies that are going to have big growth in the coming months but not in the long run.
If you have any questions feel free to send me a message.
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Everything you see on my profile is just for educational purposes only.
ETH 30M : A trade Position is blinkingEth in 30M time frame has a perfect potential for both buy & sell positions ; Buy after the pullback if the bearish trendline is broken or sell after the pullback if the static support is broken. Let's see
What is your idea ?
share your idea , and if you have any questions feel free to ask me in comments .
thanks for following me
Doge - Bullish structure has formed!Reasons to take long:
⭐️ BTC needs a pullback
⭐️ Trendline is 2 months long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Pullbacks are getting smaller
⭐️ 6th touch
⭐️ 30 ATR
⭐️ Over VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CHILIZ 4H TA Result : +25% ✅As you can see, exactly according to the latest price analysis, it grew to the point we specified and started correcting from there! That means more than 25% ✅ ! It is not everyone's job to draw the price path in the analysis 😉! Just compare these 2 charts! I still see Chiliz as one of the most promising Cryptocurrencies in the market!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.05.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
TESLA downside targetsThanks for viewing,
Yeah yeah yeah, I'm really inviting some comments of FUD etc. Yes, the parallels between US tech in the stockmarket and the crypto market in late 2018 exist. Look I like Elon, and what he is doing. You can't question his results. I also like TESLA, but not at this price. There is no reasonable explanation for why TESLA should be so highly valued that it lost an equivalent value that amounts to 150% of European Banking combined market cap. Why it should be worth more than Toyota (yes I know TESLA does more than make cars).
So anyway, these are some likely short-term sources of support;
The 1:1 extension of the previous sharp correction at $289,
The 0.5 Fib retracement level at $286,
The 200 day MA which will be something around $250 in a couple of weeks,
What I have labelled the wave (4) low at $273,
Failing that the 0.61 Fib retracement level at $235.
The MACD moving averages and histogram are pointing down.
The 30 RSI level is quite a way below.
Will I be a buyer? Nope. I believe in what he is doing, but I stick to value investing principles i.e. The stocks I buy need to generate consistent cash returns and should also be undervalued. No matter how bullish you are on TESLA, a 650% rise in 12 months - without an associated growth in earnings points to people buying DREAMS. When there are no dividend returns underlying the massive gains, gains are more "fragile", peoples hands are weaker, and a lot of people will be shaken out or liquidated (2020 has seen a large inflow of inexperienced traders using leverage - I have definitely been burnt by leverage before).
My belief if that the global economy is entering into the deleveraging phase of a long-term debt cycle. This started to be evident in 2019, the current health crisis will likely deepen the recession. So... where will all the employed, cashed up, buyers of new cars come from? I am more bullish on used car auction houses etc because people need to seriously reduce expenses in the face of higher unemployment and a worsening real economy. Any bad news added on top will send the stock towards the low-end of the range... or even below. Who knows.
Protect those funds.
Gold Easy Setup MatrixV Entry = 50 FIB Level, Trendline get broken
Target/TP = 88,6 FIB Level/Resistance = Hell Blue Zone
I get a burnout at my analysing, fck the system
Indicators: TDIGM Divergence "Cryptojesus" (Different Setings), Smart FIBO (ZigZag Lines for Patterns, make the chart invisible and only use), Support and Resistance Levels with Breaks
Stay focused and watch through the Matrix
GG Ez MatrixV
I Support Doge Because my Workers Asked me to, Elon MuskBillionaire Elon Musk is one of the most vocal supporters of Dogecoin. Using his platform and notoriety, Musk had been one of the major factors behind the run-up to $0.70 for DOGE in early 2021 before it began to decline. Nevertheless, the billionaire has not faltered in his support for Dogecoin and continues to be very open about his position on it. Recently, the ‘Dogefather’ revealed why he had invested in the meme coin and began to promote it.
In a recent interview with Bloomberg, the SpaceX CEO opened up about the reason he had gotten into the meme coin in the first place. Musk who had suddenly begun to shill Dogecoin in early 2021 said during the interview that he had actually gotten into Dogecoin because of SpaceX and Tesla employees, two companies on which he serves as CEO.
Twitter: Deal is still on, says Musk!!Twitter
Short Term - We look to Buy at 39.16 (stop at 37.32)
They recently gave Elon Musk more information as he requested and deal seems to be still forging ahead. The sequence for trading is higher highs and lows. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Dip buying offers good risk/reward.
Our profit targets will be 43.86 and 46.00
Resistance: 44.00 / 46.00 / 52.00
Support: 39.00 / 34.00 / 28.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
DID Elon Musk BUY TWITTER???I am a bit Skeptical, but It's TWITTER People!
Statistics Show the Stock is between $43 - $54 (1 year)
The What if's aren't Good for Trading Stocks, but ...
What if;
Elon Musk Buys Twitter, it will Jump!
Up or Down?
If twitter becomes more user-friendly and less Political,
it could be a Great Push to Higher Highes for sure!
That could mean around the $100 per Share
According to its Annual Reports published on the Twitter Investors Relations page,
the platform has been experiencing year-over-year growth in the number of
active users even in recent times.
Growing from 154 million monetizable daily active users in 2019
to 217 million monetizable daily active users in 2021
Disclaimer:
Just my Idea! Find your Trading Ideas and learn and study more!
Will Elon musk & Tesla change the WorldThe statistics are between $732 - $950 (1 Year).
After delaying virtually all new vehicle launches for the last few years,
Elon Musk has now set a strong timeline for Tesla to bring Cybertruck, Roadster, and Tesla Semi to production in 2023.
Once these products and more come out, Tesla will blow up again by at least $1.500.
Cathie Wood's Ark Invest says Tesla stock will more than quadruple in price by 2026 if it can deliver a network of self-driving taxis.
ARK Invest reiterated its bullish view on Tesla on Monday with a $4,600 price target by 2026.
PLSD PULSEDOGECOIN daily is continuing smashing other coinsPLSD : PULSEDOGECOIN DAILY CHART
This is a new coin launched as a meme coin
for the soon to launch PULSECHAIN Layer 1
Network that will spank ETH's lights out. PLSD
will only realistically have 5-6 million tokens in
circulation due to users must claim thier tokens
from their wallets and only half of the 12 million total
supply will probably be claimed. I belive this token
will straight up be a monster compared to every
other meme coin ever created. Dig into the
website www.pulsedogecoin.app This asset has
been ripping even in a bear market...so much to
come with the PULSECHAIN LAUNCHING SOON.
Tesla: Hooting all the way?!Tesla
Short Term - We look to Buy at 688.08 (stop at 625.32)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Posted a Double Bottom formation. This is positive for sentiment and the uptrend has potential to return. Preferred trade is to buy on dips. Further upside is expected.
Our profit targets will be 837.27 and 880.00
Resistance: 840.00 / 960.00 / 1100.00
Support: 680.00 / 545.00 / 400.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Can #BTC see 29K again or what ? There are 3 possibilities for #BTC that i indicated them on the chart , The last mid-term analysis was : According to previous analysis, as we said, we needed to wait for the positive reaction to the BULLISH BREAKER BLOCK zone (in the range of $ 14850 to $ 19500) . The price reacted positively to this high-potential range of demand. Note that this upward movement will still need to consolidate and will not be a 100% sign of an uptrend (Bullish Trend) , Because macroeconomic factors show the opposite. With an optimistic view and if the price consolidates above this price range, we can expect growth to eventually reach $ 29,000 and then continue to fall ...!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.21.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️