TWTR - RSI convergence breakout?Even though they beat earnings last week, they missed user growth expectations and the stock dropped. It has been on a down trend the past 5 days along with a strong RSI convergence. The was a possible breakout yesterday after hours. If there is confirmation today, there could be a move up back to reclaim the pre earnings price. PT $60 by 5/21/2021
TWTR
Twitter buy and holdFundamentally the company is just not performing really well, especially since a limited outlook on user growth has been given. Most important was that the base of users would increase in the low double-digit percentages for the rest of the year. Problem overall is that no hard and fast guidance was given during the earnings call.
Technically however, we seem to be on a nice buying point. Twitter made similar dives in the past as a result of an earnings call and came back stronger both times. Add to that reaching the 200MA and we have a solid risk-reward opportunity.
TWITTER: WAITING REACTION ON 200 SMALL - OUR VISION IN LONG 🔔Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good trading day!
TWTR (Twitter) Can Be A Very Good Buy OpportunityTraders, Recent fall in Twitter (TWTR) can be a very good opportunity to buy this stock for min 20% rise. The level to buy is around 50 in the FCP (Fibonacci Confluence Pattern) Zone where we have completion of M pattern along with a trend line support. Max level is 48.44. Stops should be beyond that. This is a quick and simple buy trade.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
TWTR Analysis Post EarningsAfter ER, we are hanging by a thread of the downtrending channel.
We have two sources of support;
bearish channel support
Previous support from December
For the recent candle on the daily, we are looking at an inverted hammer candlestick, a good sign of reversal. Although a positive sign of reversal, this candlestick should be taken with a grain of salt due to earnings.
Best play is to sit back and wait for bullish volume & flow to come in before entering. We are aiming for a gap fill here, so
First target: 57.75 (just above recent candle)
Second Target: 64.00 (gap fill)
Recovery is certainly possible to fill in the gap, but may take some time and consolidation to get to that 64.00 level.
--- Suggested by: TexasMade ---
If you have any stocks you want analyzed, suggest them in the comments or DM me!
Bullish on TWTR(This is not financial advice)
Hey guys another cup and handle play here on TWTR. Not to much to say, we are looking for a run up during earnings which would also prove for a breakout of this cup and handle. Once again I setup some support and resistance and as well as price targets to take profits at.
If you agree or disagree be sure to leave a comment and like and follow if you my other ideas.
Thank you!
- Vlaire
TWTR going higher.Beautiful consolidation wedge here, sitting on top of the 50 day moving average. This is where it bounces folks. I would at least expect it to retest previous highs around 80, probabaly in the next month or so (earnings late Apr / early May). Should also get some sympathy from FB's recent all-time-high-run. Worst case - if this fails here (10% chance?) the 200 day is near the previous big uptrend line around 50. Will be looking to add some calls tomorrow.
Long TWTR, 1st Target $70 Monopoly and better Monetization PCS is preferred and also long shares sell some out-of-money-covered calls.
the lower study just turned and has much room to go up.
Compared to the market in large, TWTR is very cheap and has better growth prospects than most, hence a compelling risk-reward play.
🐦Twitter go short: TWTR - closing the gapHi mates NYSE:TWTR is perfect setup for short trade. Bear flag confirmed ready to fill the gap
here is data for my trade:
------------------------Trade setup ---------------------------
Entry: 65.62
Stop Loss: 69.14
Profit target: 59. 84
Time stop: 7 days
------------------------------------------------------------------
If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
TWTR MSFT and Discord: Use Pull Back to Enter Long PositionTWTR has given much of its post-earning gains, it has arrived near the demand zone of 60 to 63. While waiting for a further pullback, ATM PCS may be a good idea to slowly enter a long position.
MSFT buying Discord is a net negative but not a huge one, as TWTR is still pretty much a monopoly.