TWTR trade ideas
Long position in Twitterhaving Gartely pattern, over sold and near to the trend line. good idea to get long! I bought it at 51.92 with a stop loss just below 44.
Twitter long on good Reward potentialThere's a good Reward to Risk ratio on this TWTR trade even though it is already moving off a support area.
R= 2.53 with the potential for it to return to previous highs.
$TWTR Update - Reversal ConfirmationMACD Reversal confirmed as well as increasing relative strength I believe will allow this to continue trading towards the $65 range, my first price target where I will trim position. Depending on whether it can break this channel assuming the top of the trading range is reached, I would put a second price target of near $70 if it can break above the $65 Level.
Entered this one a little too early, but respected my stop loss and let it ride out for a week or so.
Twitter Gap FillI'm watching Twitter this week, If it breaks 55.70, and confirms, then I want to enter a trade to ride the stock to 64.20.
The strategy I would use to do this is a diagonal spread that would be set up as follows:
Buy Aug20 45 Call ask:11.25
Sell Jun16 62.5 Call bid:1.00
mid: $10.10
This analysis is based on the prices over the weekend at the current price and will obviously change some as the stock moves into position but here is my reasoning. This long call is at the .81 delta and has 3 months till expiration so it will suffer very little theta decay. It has an extrinsic value of $1.76 which is offset by the $1.02 of the short call. There is no penalty for waiting which is the main drawback for buying options.
If the stock price breaches the short call early then simply sell the spread for a profit. If it happens close to expiration then the short call can be rolled out and up to collect more premium and widen your spread. If the price never gets to the short strike the reevaluate and decide whether to close the position or sell another call that could hopefully offset the remaining extrinsic value purchased in your long option. The later would mean that after two months your break even would be around 45 so I wouldn't exit the position unless the stock went so low that selling the covered call would create a spread tighter than the cost bases.
Twitter is generally trending upward so I think there is a high probability that at worst you hold the long option for 3 months and sell away all, or more than, the extrinsic value and could profit from the sell of the long call before expiration even with a small dip in the price.
TWTR set to go higher Technically analyzing TWTR would probably give a headache to even the most seasoned of traders. However, I believe it is hard to argue that the trend is UP!
Fundamentally, I am a sucker for this company. I believe Twitter's recent acquisitions like Revue and others will drive user growth. And with the forthcoming 5G rollout more people will be tweeting about live events in real time, making it a must have for anyone who wants to stay updated on news.
I am also very excited about Twitter migrating their platform to the Google Cloud.
PT between $89 and $100 in mid 2022Big opportunity in the latest Twitter capitulation based on Elliott Waves.
TWTR inverse head and shouldersTWTR inverse head and shoulders
Huge gap waiting to be filled
Price stabilized around lower fork channel
Most importantly the Risk/Reward is fantastic
###NOT FINANCIAL ADVICE###
Twitter - A short term outlookTwitter.
This is a short term outlook based on the Elliott wave theory.
TWTR 5/19showing relative strength to the sell off today
needs to get back in its previous bull
looks god for at least a gap fill
TWITTER ADD TWITTER AT 53$/43.5$
WE SEEN 59$/64$/73$/78$
VIEW INVALID BELOW37.5$ CB SL
NOTE : VIEW ONLY FOR EDUCATION PURPOSE.
