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Twtrshort

TWTUSDT - It went up 111% in 2 days.Against the background of the collapse of the exchange FTX, the value of the virtual currency Trust Wallet Token rose by 111%. Quotes of this instrument rose to $2.34 per coin. A growing number of users have found trust in TWT to securely store their virtual assets. Within 24 hours the volume of trades with this instrument grew by 251%. After breaking through the resistance level of 1.6, impulse movement is expected to form a support level in the price range of 1.6 - 1.8. In this range, we can expect a buyer test and continuation of growth. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your loved ones. Translated with www.DeepL.com (free version)
by Artem_Dishel
1
How will TWTR’s price react to court saga?Twitter Inc . (NYSE: TWTR ) is on track to closing August on the red as billionaire Elon Musk finds new reasons to back out of his $44 billion deal to take over the social media company. The company closed Aug. 30 just below $40.00. Over the last 30 days, the company peaked at $44.99, much lower than Musk's $54.20 per-share offer. Amid the ongoing takeover debacle, shares of the company have taken a beating and investors are watching for buying or selling opportunities with Twitter's shares ahead of the Oct. 17 court hearing that will determine whether Musk is forced to proceed with the acquisition. Impact of the proposal Tesla's (NASDAQ: TSLA ) chief executive agreed to acquire Twitter in April, with shares trading back then at a roughly 10% discount to the offer price. In May, Musk put the deal on temporary hold, raising concerns over spam accounts on the platform that he said were not accounted for in the computation of the buyout bid. When the billionaire formally terminated the agreement in July, it sent Twitter's shares further down, with stocks tumbling to a four-month low on July 11. Since then, TWTR has found buying support, maybe because investors believe that Musk cannot legally pull out of his market altering, unsolicited, an unconditional bid for twitter . Even so, downward pressure is building on twitters share price as the court case develops. As of writing, TWTR has retracing to the 50% level between its July low to its August high. On Aug. 26, Deleware judge Kathaleen McCormick ordered Twitter to provide Musk with more data on how it calculates bot and fake accounts on its platform in the lead up to the Oct. 17 court hearing. McCormick mandated the company to produce information regarding 9,000 accounts it analyzed for authenticity as part of an audit at the end of 2021, London's Financial Times reported. The data could strengthen Musk's claims and deal another blow to the social media company, especially after its former head of security, Peiter Zatko, claimed that he raised concerns about severe shortcomings in Twitter's handling of users' personal data, including running out-of-date software. Bloomberg reported, citing Zatko, that company executives also withheld information about breaches and lack of protections for user data. Only loss in sight? For Twitter , the deal has already incurred $33 million in expenses and the uncertainties arising from the court drama had caused a decline in its revenue. And even if it did see the deal push through, it will be left in a worse position than before the offer was made, Further, the entire saga has taken a toll on employee morale and retention on the social media platform. Meanwhile, similar damage could be brought upon Tesla . The automotive company's shares, which Musk was using to support his buyout bid, have halved between early April at the onset of the deal and in late May at the start of Musk's attempts to pull out. Although the shares have started showing signs of recovery, Musk and his shareholders would have significantly overpaid for Twitter based on its current market value. Right now, everyone is just waiting for the October court decision that will determine whether the companies will deal with the aftermath together or separately.
NYSE:TWTR
by BlackBull_Markets
$TWTR rejection sets up move lower to $26-30I know everyone's bullish following the announcement that Elon wants to buy $TWTR, but the chart still doesn't look bullish. The candle last week sharply rejected the $51 level which is the level price action originally broke down from, which now sets up a move lower. I think the most likely scenario from here is that price sweeps the lows. And falls to between $26-30 (possibility it falls lower, but those are the conservative downside targets). In the very short term, I could see the possibility of one more retest of $51 (which I don't think would be likely to break resistance based on the chart). If that happens and rejects yet again, the probability of this playing out increases a lot. Let's see what happens over the coming weeks/months.
NYSE:TWTRShort
by benjihyam
TWTR: Buy Zone is 38-41Twitter just completed an impressive 5-wave move off the low. What happens next is important. If we can get a nice ABC pullback to the .500 - .618 fibonacci retracement ($38-41) followed by a break above $55, it will signal that TWTR is in the heart of its W-3 with preliminary price targets of $85-$95. Those who are more risk taking may want to purchase at 38-41, those who are more risk averse may want to wait until the breakout above 55. Musk has generated a lot of excitement around twitter and twitter is heavily used during elections, which 2022 is a midterm election year. I currently do not have a position in twitter, but I will buy if we reach my buying zone.
NYSE:TWTRShort
by TomDaSpankEngine
Twitter to Move Lower? Twitter - Short Term - We look to Sell at 38.01 (stop at 39.89) We look to sell rallies. Our overall sentiment remains bearish looking for lower levels. A Doji style candle has been posted from the high. Previous resistance located at 39.00. Our profit targets will be 32.49 and 29.88 Resistance: 39.00 / 45.00 / 50.00 Support: 32.00 / 30.00 / 25.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:TWTRShort
by Saxo
TWTR Was the Twitter sell-off predictable ??If you considered this short call signal at $65, then yes: Twitter is now close to its 2013 IPO price $26 per share. Just that the stock debuted on the NYSE at $45.10 a share. So you can buy it lower now. I would think twice, though: The company is not profitable and its co-founder, Jack Dorsey, has stepped aside as the company's CEO. Twitter can also lose market share because of TRUTH Social! My price target is $30.5. Looking forward to read your opinion about it!
NYSE:TWTRShort
by TopgOptions
1
TWTR Twitter to lose market share because of TRUTH Social ? Twitter permanently banned Trump from the platform in January 2021 during the final days of his term. Back then he had over 88.9 million followers. Can we expect a retracement to that area because of TRUTH Social gaining momentum and market share? Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement. The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination. Truth Social is aiming for a beta launch in November. TRUTH Social will be a competitor to Twitter and Facebook. TMTG+ will compete with Netflix and Disney+. TMTG news will compete with CNN and iHeart Radio. They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal). Could this be the new Twitter / Facebook platform? I`m looking forward to read your opinion about it!
NYSE:TWTRShort
by TopgOptions
6
Twitter signaling a correction, BUT!The bullish flag for now is ruined as we have turned South in the previous trading session. The support of the potential figure was breached and we closed below it. Currently we are in a fractal support of the uptrend - that's the BUT! part. Because RSI and MACD's crossover and histogram are signaling that we may head for a correction and that it's appropriate to take short positions. Breach of the current support will be the additional indicator to start selling.
NYSE:TWTRShort
by DailyChartist