TWTR
Twitter Slammed into Support; Buy the Dip? 🐦 | TWITTER ($TWTR)🦅 Twitter fact-check team got the company in some hot political water, and that controversy caused a drag on the price. However, Twitter is now coming up to a nice juicy support level where we just might get an excellent long opportunity.
Resource: www.npr.org
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1. Fractal Trend is showing an uptrend (Aqua colored bars) on the 1-hour timeframe. This is consistent with the recent steady uptrend seen on Twitter's chart.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua colored lines) and/or bullish S/R levels plotted by Directional Bias (Aqua colored lines).
3. The goal here is to take a long position at the S1 bullish orderblock and S/R flip cluster with a target of the R2 bearish orderblock.
4. Our stop loss is placed well below the S1 cluster below the gap to help avoid a liquidity hunt.
5. Other notable levels the chart include R1 and R3 which may both see reactions as price interacts with them, and generally notable as well is the pennant formed from the upper and lower trend lines. A break above the uptrend trend line and R3 would be a nice victory for the bulls, while the bulls also want to see the lower trend line hold.
Let's get this bread Twitter heads!
Twitter the sloppiest chart in existenceTwitter is always in the media.
It is always being talked about.
Its stock is a wild crazy chart.
I have been in it for years, trading it, options, and in some instances buying and holding long-term.
The only levels that really matter to me are highlighted. It can never stay above its 2013 IPO day closing levels for long. Everything else is a choppy and messy trade until then.
TWITTER IN DANGER? TRUMP TALKSfinance.yahoo.com
In a breaking news story, the president threatened to close the company if twitter continues, according to him, with a biased system of negative tags that can interfere with public opinion. This happened when twitter classified as "fake" one of its twits.
Twitter options could increase due to an increase in its implied volatility, and the current bullish rally is at stake.
The appearance of any bearish candle pattern would be worrisome.
Long PINS - Delayed SignalKeep your trading simple 🚀🚀🚀
This one is more a speculative trade.
T1 = minimum risk reward 1:1
Mind term target $20.6 - Closing gap.
Entry was on the crossover.
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
For maximizing your profits you can use Options.
Not a financial advise just my view - trade smart trade safe.
Follow me to support my work, Thanks!
LONG TWTR - Second chance entryKeep your trading simple 🚀🚀🚀
Bull Swing
T1 = minimum risk reward 1:1
Bullish Long Term - After closing profits on the first trade on TWTR now we have anther trading opportunity!
Long term target $38 - Closing gap.
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
For maximizing your profits you can use Options.
Not a financial advise just my view - trade smart trade safe.
Follow me to support my work, Thanks!
TWTR looks ready to breakout!$TWTR has been accumulating in the mid 25-30 range for quite some time. It closed above 29 on Friday after good news catalyst after testing the lower channel of the 4H trend line. Expecting it to continue trend and break that 30 resistance level this week. Targetting 33.5 level in short term.
Note: These ideas are my own and should not be considered as investment advice. Please do your own due diligence before investing or contact a finance professional for advice.
Twitter for next earningsI took a long term, OTM Put on TWTR (Sep 23 Strike) to play it back down to the last major low. Next earnings are in July and lacking an August expiration I took the September to encapsulate the potential move as well as capture the volatility rise leading into it. The technical setup is playing the 50% retracement of the big March move combined with price action respecting the level going back as far as the IPO.
LONG TWTRKeep your trading simple
Bullish Long Term
T1 = minimum risk reward 1:1
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
Not a financial advise - trade smart trade safe.
Follow me to support my work, Thanks!
THE WEEK AHEAD: AMD, TWTR, FB EARNINGS; SLV, GDX, GDXJ; EWWEARNINGS:
There are a ton of earnings coming out next week, with the most options liquid plays to be had in AMD (44/71), TWTR (77/80), and FB (59/50).
Pictured here is a delta neutral short strangle in AMD in the June cycle (54 days). Camped out around the 20 delta strikes, it paid 3.12 as of Friday close (5.6% as a function of share price) with break evens at 42.88/73.12. Go defined risk with a five-wide iron condor in the same cycle -- the 42/47/70/75, and you'll get paid 1.48, 29.6% return on capital at max, 14.8% at 50%.
A TWTR June 19th 24/36 short strangle paid 1.83 (6.4% as a function of share price) as of the Friday close; the FB June 19th 165/220, 7.07 (3.7% as a function of share price). Consequently, if you're looking for "buck bang" as a function of share price, your best best is going with the TWTR play, with its higher 30-day.
EXCHANGE-TRADED FUNDS WITH 30-DAY >35% ORDERED BY RANK:
SLV (83/51)
GDXJ (72/79)
GDX (64/63)
EWW (61/60)
XLU (60/40)
EWZ (57/72)
XLE (55/66)
SMH (46/46)
XOP (42/81)
USO (33/192)
USO is going to be undergoing a 1:8 reverse split after the close of markets on April 28th, so you may want to steer clear of entering an options play before then and/or close out any options plays you've got on here to avoid being stuck with nonstandards post-split. As if it wasn't apparent, the juice is in precious metals/miners (SLV, GDX/GDXJ) and oil-related exchange-traded funds (XOP, XLE, USO), with some secondary squeezings to be had out of Mexico (EWW), Brazil (EWZ), and semicons (SMH).
With respect to EWW and EWZ, I considered each for a potential IRA trade, since both pay dividends, although they're only twice a year and somewhat "uneven." (EWW yield shows as 4.93%; EWZ as 5.44%). The EWW June 19th 22 was paying .78 as of Friday close (3.7% return on capital at max), the EWZ June 19th 18, .96 (5.6% return on capital at max), so may consider doing one or the other as a potential aquisitional play.
BROAD MARKET EXCHANGE-TRADED FUNDS WITH 30-DAY >35% ORDERED BY RANK:
TQQQ (60/111)
IWM (56/45)
EEM (46/39)
QQQ (43/36)
SPY (39/35)
FUTURES WITH 30-DAY >35% ORDERED BY RANK:
/NG (98/95)
/SI (83/500
/RTY (56/55
/NQ (43/36)
/ZC (43/36)
/ES (39/36)
/CL (33/948)
VIX/VIX DERIVATIVES:
VIX finished the week at 35.93, well in "high volatility" territory. However, the May and June contracts (36.95 and 35.70, respectively), finished in contango (it's been a while), with the rest of the term structure in backwardation.
TWTR: Projection for the upcoming earnings Watching TWTR and trying to make a projection based on price structure from recent moves. the projection count shows a possible move of around $8.0 to $8.4 from a baseline at the $22.0 level
seems too big of a jump? well, given that SNAP has just excited the market with a 30% move on earnings this week, this scenario with TWTR doesn't look too wild. Note there's a larger price projection on TWTR to $35 but that may take sometime to happen.
Game plan: since i'm already long TWTR and don't plan to sell the stock, if TWTR hits that level on earnings, i would look at a quick post-earnings play to the downside. either sell CC or buy some protective PUTs. i have a rule against selling CC ahead of the earnings :)
Let's keep an eye on this for next week.