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TWTR

Broadening Formations Or Megaphone Profiting from Broadening Formations Broadening formations are generally bearish for most long-term investors and trend traders since they are characterized by rising volatility without a clear move in a single direction. However, they are good news for swing traders and day traders, who attempt to profit from volatility rather than relying on directional movements in a market. These traders rely on technical analysis techniques, such as trendlines or technical indicators, to quickly enter and exit trades that capitalize on short-term movements. The trendlines help them anticipate turning points where they are able to profit from trading decisions if they time the trade successfully or to cut their losses short if the price moves against their position. Reference article: www.investopedia.com
NYSE:TWTREducation
by Moshkelgosha
6
PINS - Momentum in social media sectorAlright traders, PINS reports earnings thursday 7/29. I really like the PINS setup because the RSI has more room to run on the daily and weekly charts. SNAP and TWTR both recorded good ER's, FB reports on wednesday. More time was spent on social media apps, due to Corona virus...pretty simple. Options flow - There are over 6000 $85 calls sitting in OI, put/call ratio is at .86. There is alot more open interest in the August ATM calls. The short interest is only 3.9%, finviz.com *There is an FOMC decision on wednesday, so that may impact markets. Play the earnings run up and sell before earnings. GL!
NYSE:PINSLong
by hockeysniper
FB - RSI Overbought on daily and weekly chartsHey Traders, I am leaning more neutral on FB for earnings as it has already made its expected move before earnings (6%). On Friday, July 23, 2021 there was some notable buying of 33,323 contracts of the $400.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 5.8%, so 392 bullish or 348 bearish. Put call ratio for 7/30 is .67. An august 20 390/420 call credit spread ($4.25 credit received) would be a good ER play. Good luck!
NASDAQ:META
by hockeysniper
Upwork $UPWK is trying to follow through NASDAQ:UPWK is in a clear uptrend and last week made a good breakout from a large base in which I took a position. On the last 10 trading days, the tech stock has 5 days up and 5 days down. Is a little unclear for me if it can hold gains so, my stop is at breakeven. I have a price target of $62.18, but if it continues to move up strong enough I'll sell have my position and hold the other half. This stock has strong revenue growth and very good relative strength against it sector. NASDAQ:GIGE is an ETF concentrated in global companies that directly participate in revenue generation from “gig economy” such as: web-based stores, auction sites and app-based platforms. Some of its holdings are NYSE:SHOP , NYSE:TWTR , NASDAQ:TWOU , among others.
NASDAQ:UPWKLong
by dpuleo19
ABC flag Pattern on Twitter. This is our planToday let's speak about the current situation on Twitter. First of all, it's important to say that we are not saying "Twitter will do this or that" Instead of that, we will create a future scenario that, IF it happens, we will know exactly how to trade it. What are we observing right now? The price is above an ascending trendline tested several times, and we can see a Massive Flag Pattern (115 days) supported on that trendline. The only scenario we are interested in is if we observe a clear breakout of the Flag Pattern. That is our first filter to start thinking in terms of bullish setups. What's the plan after that? We will wait for a small correction with the size of the circle you can see on the chart, and we will trade on the new local high after that. Stop loss below the correction. Targets can be below the previous ATH or the Fibo Extension at 90.00 What if this chart does not go as expected? Very simple, we don't trade How much money are you going to risk in this future setup IF happens? We will risk 1% of our capital on the stop loss. What is the time horizon of the trade, in case everything goes as expected? 60 to 120 days How accurate these types of setups are? The accuracy of this type of breakouts is about 45% - 55%, which means that, on average, you will lose half of the time, YES, half of the time. However, if your risk-reward ratio is good enough ( 1 : 2, for example), you don't care about that. Thanks for reading!!!
NYSE:TWTR
by ThinkingAntsOk
3
TWTR How I want to trade thisI see the old support between 62-63 becoming resistance. Ideally I want to be long from the current $59 until the above levels and then initiate a short position from there. I still think the market has peaked as there are more reasons for the market to correct than to continue higher. Inflation, supply issues, fed tapering, interest rates rising, a new global 15% tax, etc. etc. It feels to me that the market has made up its mind to go lower and is just waiting for the "news" to go off of.
NYSE:TWTRShort
by SheepWoolos
1