Snapchat channel breakSnapchat fell out of its upward channel today. It may rebound into the channel, but then I expect it to fall. Good opportunity for a short play.
Socialmedia
Buying opportunity in FB - upward channel pullbackFacebook is near the bottom of its upward channel after a pullback this morning, but I expect its upward movement to resume on the strength of its cryptocurrency offering. Watch out for the possibility of a downward channel break. There's support at about 184.77, so that's a good price to buy if you can get it!
Snap in upward sloping channel above all resistanceWish I'd seen this yesterday before it jumped 9%! But there may be more buying opportunities ahead if we pull back to the bottom of the channel.
Revolve approaching a decision point tomorrowRevolve has formed a triangle chart pattern since its IPO a few days ago. On upside breakout, look for confirmation above $41.61 resistance level. On a downside breakout, look for confirmation below $36.74 resistance level.
Tomorrow is a historically bullish date for stocks, so perhaps Revolve will break out upward simply on seasonality. Citron, the only analyst to opine on Revolve, has set a price target of $50. Downward consolidation is the alternative. In that scenario, Look for a slow slide down toward secondary resistance at 30.65 as the price consolidates before its next upward gap.
Love the Idea of Going Long into Twitter EarningsThis chart is one of the few bullish charts I've seen lately. Obvious round bottom pattern, with bull flag suggesting a breakout higher into the 40's. Earnings are reported on 4/23, so will look at this as along into Tuesday, and a hedge through earnings. I would not be surprised to see Twitter set new all time highs over the coming month or two.
Short-Term Target: 40
Long-Term Target: 48
It's just a matter of time before $SNAP shits the bed... AGAIN!It's just a matter of time before $SNAP shits the bed... AGAIN! #SnapChat touching the 200 MA... R.I.P to all that go long!
Next Stop for #SnapChat | $SNAP is $4! Yes, we are SHORT!Next Stop for #SnapChat | $SNAP is $4! Yes, we are SHORT!
Massive SHORT opportunity for #Twitter | $TWTR: Part 2Massive SHORT opportunity for #Twitter | $TWTR: Part 2
TWITTER-INITIATE-STONG SELL-WAVE FAILURE?NYSE:TWTR initiating with a STRONG SELL.
Twitter looks to be collapsing...
Twitter's chart is very similar to Oil...
Oil is also experiencing Wave Failure...
Oil/Twitter:
Stock needs to clear and hold above the purple trend line to prevent wave failure.
Near-Term Target = $18-$20
Time-frame estimate: 140 days
Will update.
-AB
Visit related idea (QQQ-The Great Fall) for more tech analysis...
#Twitter |$TWTR 's #ABCcorrection couldn't be ANYMORE OBVIOUS!#Twitter |$TWTR 's #ABCcorrection couldn't be ANYMORE OBVIOUS!
Wait Until the 0.7 GOLDEN RATIO to Buy Back In on NYSE: $TWTR!Wait Until the 0.7 GOLDEN RATIO to Buy Back In on NYSE: $TWTR!
$FB Will Be In Due For RegulationOne of the big themes to come from this week's midterm elections will be regulation in regards to data security. Over 4.5 billion records have been compromised this year, and six social media breeches account for 56%
Facebook has admitted two highly significant breeches since the Cambridge Analytica scandal. Look for FB to see regulatory pressures along with users deleting or spending less time on their accounts.
We SHORT'd NYSE: $TWTR | $Twitter from the TOP, & now we here!We SHORT'd NYSE: $TWTR | $Twitter from the TOP, & now we here!
1) We SHORT'd @ the RED
2) We place an order ahead of time to BUY BACK (to close our SHORT) at the GREEN box!
= EASY PROFITS!
Did ya notice the BEARISH MA Cross on NYSE: $TWTR?!? NO BUENO!Did ya notice the BEARISH MA Cross on NYSE: $TWTR?!? NO BUENO!
NYSE: $TWTR hits our predicted target of $35! Time to SHORT IT!NYSE: $TWTR hits our predicted target of $35! Time to SHORT IT!
Can it just BE THAT SIMPLE to predict NYSE: $TWTR's movements?!?Can it just BE THAT SIMPLE to predict NYSE: $TWTR's movements?!?
We just SHORT'd the TOP of NYSE: $TWTR | #Twitter! #FollowUsOnWe just SHORT'd the TOP of NYSE: $TWTR | #Twitter! #FollowUsOn
Assume a DOUBLE TOP (or BETTER) for NYSE: $TWTR | #Twitter!Assume a DOUBLE TOP (or BETTER) for NYSE: $TWTR | #Twitter!
Adjustments to the NYSE: $TWTR | #Twitter idea that we posted...Adjustments to the NYSE: $TWTR | #Twitter idea that we posted on our alternate tradingview account, CryptoCurrencyAlerts.
The MOST BULLISH case that we can see for NYSE: $TWTR | #TwitterThe MOST BULLISH case that we can see for NYSE: $TWTR | #Twitter
Expecting something like this for NYSE: $TWTR | #Twitter!Expecting something like this for NYSE: $TWTR | #Twitter!
NYSE: #Twitter | $TWTR is about to EXPLODE PAST $30 per share!NYSE: #Twitter | $TWTR is about to EXPLODE PAST $30 per share!
