A retracement in Twitter is an opportunityTwitter's earnings came in below consensus forecast which saw a 15% drop in the share price. Its a stock that has had a disappointing long term performance with a history of upsets in its results. The question is do we buy it at the current price or should we expect further downside?
Trading signal
The signals suggest that Twitter is oversold. It should start to appreciate in price over the coming week. The fall in price is also at the support's trend line. Even if it breaks lower, at these levels its a great opportunity.
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
TWTR trade ideas
Twitter buy and holdFundamentally the company is just not performing really well, especially since a limited outlook on user growth has been given. Most important was that the base of users would increase in the low double-digit percentages for the rest of the year. Problem overall is that no hard and fast guidance was given during the earnings call.
Technically however, we seem to be on a nice buying point. Twitter made similar dives in the past as a result of an earnings call and came back stronger both times. Add to that reaching the 200MA and we have a solid risk-reward opportunity.
TWTR, TIME TO BUY!Hello fellow traders and investors, here's another trade idea.
TWTR has recently pulled back to the bottom of the channel which happens to be a key level. If TWTR makes it back to the top of the channel it offers a 24% ROI.
Technicals:
The Macd indicates that it's oversold and in a downtrend.
The RSI is very oversold
The has been exhaustion in the selling volume which means we could start seeing some buying volume.
When To Buy:
Now
When To Sell:
I recommend selling at the top of the channel.
Fundamentals: Twitter, Inc. is a global platform for public self-expression and conversation in real-time. It provides a network that connects users to people, information, ideas, opinions and news. They have a P/S of 13.8, a debt/equity of 0.44, a sales growth Q/Q of 28%, an EPS growth Q/Q of 85.80%, a profit margin of -33% and a short float of 3.64%.
Rating: 65/100 the technicals are very good but the fundamentals aren't great because of their profitability sitting at -33%.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
TWTR - opportunity to Long with small riskTWTR gapped down after announcing earnings and traded down to it's long term trendline support and appears to be holding well here. Opportunity to long it (wait for a break above 55.72 to ensure enough momentum to the upside) with initial stop loss $1 below its recent pivot low of 52.60
Looking to take profit around 65 where it fills the recent gap.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Feel free to give me your thoughts ! :)
TWITTERWednesday, 5 May 2021
7:24 AM (WIB)
Twitter seems on very good condition to start purchase since the price already at the base ground support lines. The Bears also has confirmed the Resistance and Support lines with 54% and more. Excellent momentum.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
BUY TWITTER or keep in te wallet/ACHETER ou Garder English:
CHALLENGE EVERY DAY ONE TECHNICAL ANALYSIS FOR A MONTH DON'T FORGET TO SUBSCRIBE AND PUT A LIKE
Hello everyone, according to my graphical analysis of TWITTER , there is a high probability of an increase. Brcause THE MARKET WILL TRY TO CLOSE THE GAB , THERE IS NO SIGNE OF SELL SO BUY
Français
DEFI CHAQUE JOUR UNE ANALYSE TECHNIQUE PENDANT UN MOIS N'OUBLIEZ PAS DE VOUS ABBONEZ ET DE METRRE UN LIKE
Bonjour à tous, d'après mon analyse graphique PAYPAL , il y a une forte probabilité d'augmentation parce que . IL A PASS DE SIGNE DE VENTE EN PLUS LE MARCHÉ NA PAS DOONER AUCUN SIGNAL DE VENTE DONC LE MARCHÉ ESSAIERA DE COMBLER L'ECART EN ACHETE
The real value of TWTRNobody knows the REAL value of TWTR because the stock price has entered into the awe-inspiring price discovery phase. It has been under consolidation over the past several weeks as the bulls take a breather after the massive run. But make no mistake, this stock is GOING HIGHER!
I think people underestimate the value of twitter. It is called a social media company but that is not accurate. It is a data analytics company. Have you ever seen a map of the United States light up when people tweet about an event that is happening. It reminds me of murmuration of sparrows. Millions of REAL-TIME tweets can be analyzed.
TWITTER: WAITING REACTION ON 200 SMALL - OUR VISION IN LONG 🔔Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good trading day!
Big pullback on Twitter post earnings. Was it oversold though?Twitter got punished at the end of last week on reporting a slower start to the year. Looks like it could have been an over reaction. I'd probably have a look at it if the price moved back up a dollar or so. Could be worth a look if you like oversold type plays.
Twitter RSI super oversold, Cathie adding, time to buy?twitter is finding support here at the bottom trendline here. is in a small little dowtrend channel since it found its 52w high around 80 this year, if this support holds look for a small move above 60, watch out for the top trendline resistance consider taking most profits there! i took my starter position today looking bottom trendline as stop loss.
Buy the dip on Twitter, potential rebound after dropping 15% A potential rebound of Twitter after a huge drop last week driven by the banning of America's latest ex-president. We see Twitter's price action at a strong support .
RSI showing the stock completely oversold .
Action to take: Buy Twitter, set your stop-loss @ 15% ( whatever you like, this depends on your risk)
This is my first idea and after a few years of learning from all these awesome people at TradingView, I would likke to start sharing a few of my thoughts for those that started learning this year. Cheers and thanks for your support!!!