TWTR trade ideas
TWTR going higher.Beautiful consolidation wedge here, sitting on top of the 50 day moving average. This is where it bounces folks. I would at least expect it to retest previous highs around 80, probabaly in the next month or so (earnings late Apr / early May). Should also get some sympathy from FB's recent all-time-high-run. Worst case - if this fails here (10% chance?) the 200 day is near the previous big uptrend line around 50. Will be looking to add some calls tomorrow.
ABC BullishPossible stop below C or last pivot low.
Not a recommendation.
There is support at prior gap up. Trading can be a waiting game, but selecting a good long entry level is important that is close to support.
Take a look at the rest of the sector as well. It is rare to find a stock performing well, when the rest are performing poorly.
The tail of a LL (long legged) doji can show a support level by dipping it's tail to a level that encourages buying. Just as any other support level, this level may fail later on. But for me it is a good indicator that shows price dipped there but did not like the water temperature at that level.
On the way down, there were 3 black crows which is bearish and consists of 3 decent sized red candles in a row. There are 3 green candles coming up in the last few days but the 3rd candle is not quite big enough to call it a 3 white soldier candle formation. There is a hammer before the 3 green candles.
Not a recommendation.
I feel like I never quit learning stuff about trading. I am not sure there is a way to know everything there is to know, but just looking at charts daily, and reading as well as online content helps me a lot to trust myself. I guess I have to love it, or I will lose money to someone else who does (o:
$TWTR #Twitter stock - Bullish bias!$TWTR #Twitter
1D Chart of our favourite Social Media platform.
- 1st SuperTrend BUY triggered.
- Will watch #VCCB #VolumeColouredCandleBars for buying pressure.
- Possible Swing Target (2nd Super Trend Resistance - 72.5. Corresponds to 0.618 Fib)
- RS line curling up (RS = Relative Strength). Take note this is totally different from RSI (Relative Strength Index). We use RS to measure if an asset is outperforming a benchmark. The SPY is used as benchmark for this chart example. A Green RS line that is sloping upwards generally indicates the asset has stronger strength (outperforming the benchmark).
Continuation Wedge "Bullish" $TWTRTwitter could go as high as $83.00-$87.000, after a temporary interruption, the prior uptrend is set to continue. A continuation wedge (bullish) represents a temporary interruption of an uptrend, taking the shape of two converging trend lines both slanted downwards against the trend. I bought May 21st $70 and $80 calls.
Nice swing trade oppurtunityWe had a slightly bigger correction in the last months. It seems that it is over, at least for now.
We also broke out, very nice green candle formed on the 4 hourly chart.
However I would wait for a pullback to the previous price level, just to make sure and get a better entry.
Long TWTR, 1st Target $70 Monopoly and better Monetization PCS is preferred and also long shares sell some out-of-money-covered calls.
the lower study just turned and has much room to go up.
Compared to the market in large, TWTR is very cheap and has better growth prospects than most, hence a compelling risk-reward play.
🐦Twitter go short: TWTR - closing the gapHi mates NYSE:TWTR is perfect setup for short trade. Bear flag confirmed ready to fill the gap
here is data for my trade:
------------------------Trade setup ---------------------------
Entry: 65.62
Stop Loss: 69.14
Profit target: 59. 84
Time stop: 7 days
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TWTR MSFT and Discord: Use Pull Back to Enter Long PositionTWTR has given much of its post-earning gains, it has arrived near the demand zone of 60 to 63. While waiting for a further pullback, ATM PCS may be a good idea to slowly enter a long position.
MSFT buying Discord is a net negative but not a huge one, as TWTR is still pretty much a monopoly.