The best performing Stock of 2021 will most likely be.....TWTR is setting up for a major breakout. Multi-year cup and handle pattern. If TWTR breaks above resistance line. BUY WITH BOTH HANDS
PT 200+
TWTR trade ideas
$TWTR INVERSE HEAD AND SHOULDERS (BULLISH)Potential head and shoulders forming on the daily. Settled on the 50 EMA (purple line) looking for a bounce out past 63.35 or the 9MA (white line)
Tomorrow I will be eyeing the 5/14 $70 C
Tomorrows open will tell us a lot about tomorrow movement.
Bullish on TWTR(This is not financial advice)
Hey guys another cup and handle play here on TWTR. Not to much to say, we are looking for a run up during earnings which would also prove for a breakout of this cup and handle. Once again I setup some support and resistance and as well as price targets to take profits at.
If you agree or disagree be sure to leave a comment and like and follow if you my other ideas.
Thank you!
- Vlaire
TwitterListed on the NYSE
Not part of DowJones or S&P or NasDaq
It has potential of moving higher (Twitter)
TWITTER - 1Hr - STRONG BUY TWITTER - 1Hr - Strong Buy near $61 after getting green signal in oscillator & Wait for company to publish its Earning.
Get Ready to dive in this huge profitable trade.
Buy Area - EMA 21The Daily EMA 21 would be a nice support, since every other reasonable ema was broken.
That area could be the downside of this big triangle (that now cannot be drawn)
Prediction: Twitter=Bitcoin=Moon1-ATH = Check
2- Retest/Consolidate = check
3-Inverse H&S = check
4-No Bitcoin holding announcement yet = check
5-Moon visible = check
Bearish due to inverse HS forming on the hourlyNYSE:TWTR Twitter has broken out of the pitchfork with bearish confirmation and is headed down in a downtrend. Price has crossed below the 200 TEMA and is approaching and testing S1 at 65.60, if it is able to get through, It will head to the neckline to return to the pattern at $61.30
Good opportunity for a Day-trade "long"Hey guys,
as you can see we have already tested the MA50 successfully on Twitter. I expect the same confirmation for today since we are in a perfect position for a long rebound from the MA50.
Also we have that support line that gives us a good chance to see rising prices for today.
Wish you all a good day!
TWTR looks good technicallyIt had the breakout and now retesting support, however the fundamentals don't look good for TWTR.
I'd open a small position for trades like this.
Selling Naked 16 Delta Strangle in TwitterMorning Options Sellers. Its hard to find good premium these days with the absolute volatility crush this past month, however I like this play in Twitter. Sell the May 21 16-delta strangle in $TWTR for $222 in premium per one-lot. That means selling the 85 CALL and selling the 60 PUT. Delta at position opening here is actually flat to slightly bearish, but starts out with $8.65 dollars a day in theta decay... nice.
I still think Twitter is way undervalued and there are so many feature they can add to the platform to draw in more revenue, so I'm actually bullish the stock long term. But until May, I say the price stays within range. Collecting $2.22 in premium means our break-evens on this strangle are $57.78 and $87.22.
As this price moves and starts to test either of our strikes, be ready to roll up or roll down the untested side to collect more premium and adjust those break-evens. We'll see how it plays out, but I like the play here with TWTR IV Rank of 40.2 today.
TwitterThese are levels that I'll be keeping an eye on when dealing with Twitter, and I'll revise as price action progresses.
I adapt to the change in money flow.
TWTR reaching strong support TWTR price has been forming a bullish rectangle continuation pattern. I expect the price to continue to rise in 2021.
Twitter price meets resistance The price of TWTR failed to break above the resistance line and is headed lower. However, I believe TWTR will eventually find new ATHs in 2021.
Twitter craving for new ATH!Right now everything is just right on Twitter.
In the past few weeks a wedge has formed that now seems to break out in the 3/4 range. We were also able to overcome the MA50 with high trading Volume . Compared to its direct competition from the tech sector, Twitter has a favorable price / earnings ratio of 15. The fact that the NASDAQ-100 has some catching up to do with the S&P and the Dow supports my thesis that Twitter will gain enormous momentum with the quarterly figures at the end of April.
I am very confident about this stock. My target price: $ 100
TWTR. Likely Over-analysis. I have two ideas for twitter, both of them involve going lower before going higher.
I threw on the fib extension, this time getting a little more involved in that department.
This I would look at maybe on Monday again. Especially with market holiday on approach! Joyous rapture.
TWTR - Falling WedgeKeep an eye on twitter, I have been bullish since last week. I originally entered my positions April 6th after confirmation, and with the formation of a bullish continuation wedge pattern. I am holding my May $70-$80 calls until next week or even earlier when my target of $76.00 is reached, although it could end up going over $80.00+
$TWTR Minor Pullback to Complete Right Shoulder?My top stock on the focus list for this week is Twitter. A slight pullback into the $69-$68 area will put in the right shoulder of a possible inverse head and shoulders base and setups up a nice R/R long trade entry.
TWTR over 71.90Nice move this past week with 71.90 still serving as price action resistance, can make bigger moves over 73.00. Stop loss can be set at 70.00 based on psych level and recent price action.
