TWTR
$TWTR Time To Go Long. ABC Correction, .618 Retracement, 200 SMAIt's time to go long $TWTR. We have a clean 5 wave trendy move. A 3 wave ABC correction that retraced 61.8% of the 5 wave impulse. Beyond that, we are sitting on the 200 SMA which has held as a strong support since 2018. This is as good as any time to enter. Everyone is bearish on $TWTR, and we all know the majority is usually wrong. Any feedback would be appreciated. This is my first published idea.
where is the next support level for Twitter?Twitter underperformed and breaks the support line!
the next support level could be 53-50-49 levels in the coming months!
I think it may go down to 49-50 by the end of 2021.
Do not forget this is the first day it gets out of the consolidation pattern!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
This could be the end of Rainy days for Twitter!After 50% correction in the past 9 months, TWTR has made a Bullish AB=CD pattern..!
You can also consider an ABC correction you like wave analysis!
A review of yesterday post:
Yesterday's trade set up which generates +60% in 1 day..!
Option walls: 42-45
max pain 45
Buy call 42, Dec 23,2021 at 1.28, Stop loss 0.89 and target 2.7-3.
Capital size: 3%
Education:
What Is Max Pain?
Max pain, or the max pain price, is the strike price with the most open options contracts (i.e., puts and calls), and it is the price at which the stock would cause financial losses for the largest number of option holders at expiration.
The term max pain stems from the maximum pain theory, which states that most traders who buy and hold options contracts until expiration will lose money
For max pain: You expect his hedging activity to drive the stock price to that point.
Open Interest walls or OI walls are a similar concept to max pain. Both rely on the option writer, which is the market maker, hedging the options he wrote.
An option wall refers to a large delta-adjusted open interest on a certain strike. It is simply the open interest for that strike multiplied by its delta. It is important because it tells us how many shares market makers need to buy or sell to remain delta neutral. Market makers typically make money by harvesting exchange rebates or by performing arbitrage trades. As such, most do not have a directional bias in the market and strive to remain hedged or flat.
The mechanic of delta-neutrality is simple. For instance, if a market maker sells a call option on SPY with a delta of 0.90, it will need to buy 90 SPY shares to remain delta neutral. As the delta-adjusted open interest builds up, so does the number of shares held by market makers. When close to expiration, a large number of these call options will be sold by investors, forcing, in turn, market makers to sell their shares. Therefore, if the market is above a large call option wall, it will create selling pressure as expiration approaches. This will preclude the price from freely moving upwards. The same goes for put option walls, but they instead create buying pressure.
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Twitter - Bullish Sequence!We are bullish on twitter, after completing wave (y) in the minute green degree of which the downward move began in about mid-July 2021, this move has seen twtr move lower to the bottom of the channel as low as $41.00. Now we expect twtr to resume the bullish cycle of wave 3 in the red minor degree to at least about $167.00. This drop has presented us with a good opportunity to buy twtr at a discounted price.
Twitter | Fundamental Analysis | Must Read | Long Setup 🔔On November 29, the Twitter stock made investors quite nervous following CEO Jack Dorsey`s abrupt announcement of his resignation. Dorsey's successor will be Parag Agrawal. Shares of the social network initially soared 11% after Dorsey's announcement but fell nearly 3% by the end of the day.
Both supporters and opponents seem to be passionately divided over Dorsey's resignation, and Twitter is likely to remain one of the most debated stocks for the predictable future. Let's take a look back at Dorsey's achievements at Twitter and the grounds for his departure, and consider whether the change in leadership will help or hurt the company.
Jack Dorsey co-founded Twitter in 2006 and was the company's CEO until his ouster in 2008. Dorsey was reportedly fired because of concerns about his leadership skills and tendency to be distracted by extraneous hobbies. The following year, Dorsey co-founded Square and remains CEO of that fintech company to this day. At Twitter, Dorsey was replaced by co-founder Evan Williams, who handed over the reins to Dick Costolo, in 2010 before its initial public offering in 2013.
Nevertheless, Costolo toiled to keep up with Twitter's growth in users and revenue after its public debut. He left his post in 2015, and Dorsey came back as Twitter's CEO but did not relinquish his role as Square's CEO.
When Dorsey took over, Twitter was trying to increase its monthly active users (MAUs). At the time of the IPO, Costolo desired Twitter to increase its MAUs from 185 million at the end of 2012 to 400 million by the end of 2013. Nonetheless, the company ended 2013 with 241 million MAUs, and by the end of 2015, that number had grown to 317 million. Since Dorsey's return, Twitter's MAU count has grown only slightly, to 319 million in 2016 and 330 million in 2017.
Since the end of fiscal 2018, Twitter doesn`t disclose MAU user numbers and instead began reporting monetizable daily active users (mDAUs). The new numbers exclude fake, spammy, and bot accounts that inflated the number of MAUs. Twitter ended 2018 with 126 million mDAUs. That number increased to 152 million at the end of 2019, 192 million at the end of 2020, and 211 million in the third quarter of 2021. Twitter attributes this growth to its expanded international operations, increased use as a platform to talk about current events and the introduction of new advertising formats with more targeted targeting techniques.
Dorsey's emphasis on enhancing engagement rates among a smaller audience of more active users - rather than aggressive growth in MAU users - has stabilized Twitter's earnings increase over the past four years.
Twitter's business remained strong during the pandemic, even as companies bought fewer ads. At an investor day in March, the company also set bold three-year growth goals and said it could grow mDAUs "at least" to 315 million users by the end of 2023 and more than double annual revenue from $3.7 billion in 2020 to "over $7.5 billion" in 2023.
Twitter claimed that the growth would come from new products. Still, Twitter's recent product launches look like disorganized attempts to emulate other social media platforms. These innovations include short-lived "Fleets," organized "themes" for tweets, a new tip feature that now supports bitcoin, and subscriptions for top accounts.
That's why Dorsey's resignation, which came less than a year after Twitter set ambitious growth goals for 2023, is somewhat discouraging. In his tweet, Dorsey said that Twitter's status as a founder-led company was not a strength, but rather "severely limiting and a single point of failure." The company needs to "separate itself from its founders and founders" to grow. Twitter's board unanimously approved the appointment of Parag Agrawal as CEO, which Dorsey praised, saying Agrawal has previously been "behind every major decision that has helped turn this company around."
Dorsey didn't mention Square, but his departure from Twitter should give him more time to expand the growing fintech company. Dorsey owns more Square stock than Twitter, and the company is actively extending its ecosystem to be in line with competitors like PayPal and Adyen. Dorsey is also leaving at a time when Twitter and other social media platforms are facing tighter controls on free speech restrictions, the spread of hate speech, and fake news.
The co-founder has often glorified Twitter as a platform for free speech, but Agrawal previously told MIT Technology Review that Twitter's role is to "not be bound by the First Amendment." This statement indicates that Twitter may introduce stricter standards of censorship shortly.
Twitter's latest quarterly results discontented shareholders as the company's costs rose sharply due to the introduction of new products. At this point, investors should have stayed away from Twitter after the drop following the release of its financial results report, as the company's valuation still seems too high and its goals too enterprising. Dorsey's resignation creates new uncertainty for the business and its management, so it's best to stay away for now.
TWTR's RSI is closing in on trough lands, not price though !RSI is getting oversold a bit, price has no clear support line close by what so ever. That said, does not mean we can not have a reversal
from here at any point i am just stating the obvious to you guys. Europe lock down is not looking good !
TWTR is in oversold territory, but no seasonality to support it!If this plays out as WXY and we have equality of percentage then W = Y at 41 we will probably have some kind of support or a
bullish case. That said , we could revers at any price regardless of anything else. Twitter has risen in 4 of those 7 years over
the subsequent 52 week period, corresponding to a historical accuracy of 57.14% that's VERY LOW SUCCESS RATE. We have lower
lows till the end of January of 2022 just stating the stats here for consideration !!!
$TWITTER BEARS TIREDThe drop from $68 to $40 has the bears out of gas. The drop is a retest of the top of the ascending triangle. The bulls signaled support by printing a 6% daily candle to form an evening star candle formation
Buy $41 -$43
take profit @ 50.
This worth noting that the 40- 43 range is great price point for a long term portfolio addition.
Goodluck!!
Idea about TwitterTwitter, Inc. is an American company that operates the social network twitter, created by Jack Dorsey in 2006. Headquartered in San Francisco, California. Revenue $ 2.2 billion (I half-year 2021). Capitalization $ 35.6 billion
On Twitter, the strong level is $ 45. Yesterday, the daily candle closed below HIGH and near this resistance level. At the premarket, we broke through $ 45, but on the OS we can easily return to it and make a false breakout, so it is better to set the stop long enough and enter from the level of $ 45.
Price now: $ 45.6
Speculative target: 4%
Stop below: $ 44
NOT IRR.
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
DWAC Epic Market On Close VolatilityInto the final minutes, $DWAC was trading at $39 a share at about 3:58pm. It then flushed to $36.69 by 3:59 only to reverse and close at $42.29 by 4pm. It hit a high of $59.39 before closing at $55.40 after hours. This is off of news that they have reached a fundraising target. With Jack gone and the recent distribution in names like $TWTR and $FB, is this a rotation into a competitor? Or is it a rotation from meme stocks such as $GME, $AMC, $CLOV, $BB, and $BBBY that have recently rolled over? Either way, this is nothing short of epic volatility.
$TWTR Watching for 41.57$TWTR Watching for 41.57
Well, that 41.57 target is starting to creep up… I will definitely be buying there…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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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).
TWTR Weekly Options PlayDescription
TWTR remains in extended downtrend that began in FEB of this year. Began broadening formation in August that ended in a breakout to the downside of both the broadening formation and the major trendline that began in MAR of 20'
Long Put
Levels on Chart
SL on a daily close over the lower trendline in the broadening formation. This can happen and a short is still valid, but due to the nature of options this position will be a close-out and search for new entry.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/12 53P
R/R & Breakevens vary on fill.
Manage Risk
Only invest what you are willing to lose
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!