Daily Market Update - Stocks - FAANG - Twitter Look Out Below!In this video:
* Overall, I remain neutral to slightly Bullish Crypto, however...
* There are definitely more and more caution flags appearing!
* Today we look at the influence that the Stock Market might be playing on crypto
* We start with the FAANG stocks: Facebook, Apple, Amazon, Netflix, and Google
* We look at Twitter
* We look at the S&P, Nasdaq, and Dow Jones Industrial Average
* And we finish by looking at our market leaders in the crypto space
* Be careful out there traders! The market is on edge.
TWTR Twitter: New CEO, Now What?Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Twitter Inc ( TWTR ), traded on the NYSE.
#CryptoPickk notes the following:
1) Twitter price has been falling for multiple months after the price met an all time high around $80. It has been supported in the past by a multi-year trendline (in red).
2) Based on the Fibonacci Retracement, the price bounced off of the 0.618 level around $43. Generally at this level, price tends to have a reversal so we may be able to see upside from here.
3) The RSI (relative strength index) is in the oversold territory and about to touch an area where it has reached a few times in its history. From this point, there is usually a bounce.
4) The Stochastic RSI (Stoch RSI) is in the oversold region and looks like it may be forming a double bottom before a move up.
5) The Money Flow Index (MFI) recently formed a double bottom and moving back up.
6) The MACD is still oversold.
7) The Sell Volume has been significant over the past few weeks but has been decreasing. This may show the Sellers are losing steam.
8) In the news, Jack Dorsey has decided to step down as CEO of Twitter to focus on Square Inc. He will be replaced by the current CTO, Parag Agrawal, who has been with the company for many years.
9) The price has the potential to get back to the $80 price range, which would be a 83%-84% gain. It may come with volatility.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Twitter $TWTR Crash - Bye Bye Jack - BUY Volatility $VIXYADVERTISING MODEL PLATFORMS CRASH!!!! The old 2digit tickers they try to run and hide from. Gross. THAT'S WHAT DECENTRALIZATION FIXES. *ADVERTISING*.
Notice Jack is out when $FB zuck changes their business name to META. WE ARE LAUGHING. Never would I ever!!
Everybody has their own coinage at this point. Sorry Jack. Sorry Zuck. No chance. Both have got to stick with #simpcoin & $SQ until the Digi Dollar puts it to rest. They're all echochamber FEE VULTURES. They don't care which crypto you pass around. They take fees from the system. Ponzi Poggers. Storytellers. NOT INVESTMENT WORTHY.
ETHEREUM IS JUST AS GREAT AT $100. OH MY. $10????
#cryptocrash
Go Gary G!!
#kingdollar
Buy $VIXY VOLATILITY
Volatility Boom. Go small caps.
#cannabisreform
$KERN
$MSOS
$PSDN
Cannabis Saves Lives. Federalization #comingsoon
#TWTR Twitter testing yearly pivot, 61.8 fib and 200ma bandsQuite a big confluence level here on twitter. We have the yearly pivot, 61.8 fib as well as the 200 day ma bands which are all intersecting at these levels. Monitor closely for a bounce to transpire from this oversold chart. Market doesn't seem to have been to happy with the announcement of previous CEO Dorsy stepping down
Trading Idea - #NVIDIA - needs correction#NVIDIA SHORT in the mid-term!
ENTRY: 295.60 USD
TARGET: 236.77 USD (+ 20% profit)
STOP: 317.40 USD
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, Graphics and Compute + Networking.
1. Chip maker Nvidia (NVDA) caused euphoria with its announcement that it is developing technology for Metaverse applications. Nvidia shares soared on Thursday after a positive report from a Wall Street analyst. It hit a record high on Friday before falling back.
2. The big problem that I have with NVIDIA is that CEO and president Mr. HUANG JEN HSUN is constantly selling huge amounts of NVIDIA shares this year! Some of the 2021 major share sales:
September sale value: 47 millions
August sale value: 84 millions
March sale value: 35 millions
January sale value: 110 millions
3. In the long-term this looks definitely as a good investment because the upward trend is fully intact.
TWTR NFT Community Boost For anyone involved in NFT's it is evident that Twitter has become the home base for NFT communication
A community as strong as this one can have an effect on TWTR's value
Each day the NFT community is growing larger, and hence also twitter
From the TA side of things, using these Fibonacci circles it can be seen that 3.618 from an acquired downtrend is acting as a support. A bounce will likely occur of this line and price will start heading upwards, as indicated by the Bars Pattern (in green).
Twitter is in freefall. TWTRAnd approaching oversold levels. This is an impulse downwards of some sort at an even smaller degree. A Wave c of zigzag perhaps? Our experience tells us that these almost always reach oversold levels at intraday timeframes. Fibonacci show us some goals.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Twitter price action remarkably similar to last results in AprilIf history repeats... We could see a strong bounce transpire from Twitter shortly. Just like the last set of results in April where we saw a gap down and then a slow consolidation downwards.. In both these periods, as we see currently.. price has formed divergence after a sustained downtrend consolidation. If history repeats we could likely see a strong bounce transpire from twitter shortly.
Trading Idea - #SHIBASHIBA social media volume on Twitter is currently higher that ETH!
This may indicate another upcoming bull run!
Here is my idea for a reasonable entry:
Variant A : breakout of the triangle!
- wait for confirmation by higher HIGH than previous
Variant B : support re-test!
- wait for retest at 0.000045 USDT
- Stop below, lowest low of the triangle
overall, patience is the key!
Trading Idea - #MTSI - Insider SellingSELL!
Entry: 69.32 USD
Target: 60.00 USD
Stop: 72.57 USD
MTSI designs and manufactures analogue semiconductor solutions for use in wireless and wireline applications in the radio frequency, microwave, millimeter wave and light spectrum for the international market. The company offers a portfolio of standard and custom components, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems.
- MTSI's share price has reached the all-time high (69.00 USD) of February 2021. A double top may be forming.
- However, the strong insider selling is remarkable. Apparently investors want to make their profits at this ATH level. This is usually a sign of falling prices.
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.
Twitter bull & bust Casetwitter has recently made a sharp downside move towards 100EMA on the weekly chart which looks like will hold for a couple of upside sessions as of now as the market is over all in strong upside momentum with daily record close across the board. That being said, the over all picture for the company and stock looks a bit shaky with sharp sell off from the past week. if the stock does manage to climb back towards the 70/72ish area i believe it can still dive down towards the 2019 Area all over again. which will be an Ideal place to go long on this stock. but for Day traders this stock can be a real treat as the daily volume is high so the volatility is there to make money both ways. Personally i would go long with $48 as the stop loss area and $70 as Take profit and would be a seller at $70 with stop loss at $76 and all the way towards $30/35$ take profit.