Twitter $TWTR - investment idea 💡 This idea is based on my technical analysis only.
Do your research and trade on your own risk!
TWTR trade ideas
Twitter looks strong for 2021We believe Twitter is a great investment for 2021. President Biden and the blue wave could be massively advantageous for the platform. Twitter is increasingly becoming a popular platform for accessing real-time information. The stock on the other hand has not seen much love since the initial IPO. Twitter IPO'd at a price of $26 and traded for the first time on Nov 7, 2013. That same day, Twitter ran to $44.94, an increase of 72.84%. Since then, Twitter has been going through a large consolidation period which we believe will end in a large move to the upside.
Today, Twitter's market cap sits at $38 billion. That is less than 5% of Facebook's total market cap of $762 billion... wowza!
In term's of technical analysis, we believe Twitter will retest the orange uptrend line for an upside of 40% from today's close. That is when we will realize some profits. If a dip is to occur, we shall see it as an opportunity to accumulate. Until then, we will ride the wave to the upside.
- HH
* Please invest at your own risk. We are just sharing an opportunity we see, this is not financial advice.
Twitter ($TWTR) Excellent Long OpportunityI have severe doubts that this political fiasco will do long-lasting damage to this company and any dips will quickly be bought up. Good Dip opportunity.
Entry: $45 USD
PT: $80 USD
Twitter looking to resume the uptrendIn my previous post, I've mentioned that there is a correction coming for Twitter and that was catalyzed after the social platform banned Trump's account.
Price has landed perfectly on the uptrend major support and formed yesterday a nicely looking pinbar.
RIS has turned from oversold zone and if you are more aggressive current price is tempting enough to enter long. I would wait for the additional confirmation from MACD. My long-term target is $58 if bullish conditions are confirmed.
Twitter INC (TWTR): Classic Trend Following
Twitter is trading in a strong bullish trend on daily.
The price is following a major rising trend line.
Recently, that trend line was tested.
Today the price has violated a falling parallel channel on 1H, confirming the strength of trend line.
Now I expect growth and trend continuation.
Goals - 48.7 / 50.4
The Look of Twitter since Permanently Suspending DJT's Account Since Twitter Permanently Suspended DJT's Account the company's stock value is down 18.23% on this news. That is almost half of the USA population that cannot be reached by their president, looks to be a bad financial move for the company moving into 2021.
TWTRLost the uptrend but holding IPO price (dotted line). Might be an earnings play candidate depending what happens between now & then. Watching.
Entered a position in $TWTRLooking to catch a bounce here on TWTR, solid bounce today off of a long term trend line as well as a nice fib level
in $TWTR calls 47C 1/22TWTR looking good here with a hammer going into close on the daily. Kind of scared with the inauguration, but stonks only go up.
SL below support on the daily
$TWTR | Bullish Descending Channel: Watch For A BreakoutTWTR formed a bullish descending channel. Watch for a breakout for longs.
TWTR Technical AnalysisTWTR 18JAN21 1D Time Frame
Price action is currently at the bottom area of channel primed for a move up. MACD is shows bearish signal but with stochastics at over sold level and RSI at 27 (oversold) level, there is a good chance that price could reverse any time soon. In addition to this, price action is currently at my buy zone which is at 61.8% Fibonacci level.
With 67 high and 50 median price target still with in the range of my technical analysis. Low price target at 51.54 which is around the channel median and 38.2% fib, high target 55.82 which is around channel high and 61.8% fib. Tight stop loss just be just below buy zone.
Disclaimer
I am not a registered investment advisor and do not offer investment advice and recommendation. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for, information and entrainment purposes only. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
TWTRHi guys! Is just my opinion of this share. May be he will choose another way.
Be careful, the more often you touch the level, the weaker it is.
Good time or almost a good time to go long on TWTR TWTR has gotten knocked down recently, a big reason is the news lately hasn't been the greatest for twitter. TWTR bounced off the fib earlier in the week at open, Friday, it closed right at it. TWTR also has a low RSI, indicating oversold, under 30, it seems primed for a reversal soon. It has a gap that it can fill up to 51.48. That would be the next target for TWTR.
TWTR 45: Use rally to exit as user base would be down this QI love TWTR and its monopoly position.
The co is losing users after giving fat fingers to 75 mil Americans who voted for the other ticket.
Technically it is oversold on RSI but not on MACD with increased volume on this decline.
Using rally as an exit opportunity but not shorting the stock as it is a monopoly and its long-term outlook is excellent.
I would be inclined to be a seller of PCS at 40 levels, hopefully, post earnings after all the bad news are priced in.
GOOGL is my favorite as a social media co as the educationally focused contents are immensely useful and valuable. Technically it is the best-looking mega-cap for which I would be eagerly going long on dips, perhaps PCS 1650/1600.
FB is still cheap compared to the market and the fervor of "digital stocks" so I would be buyers on dips too.
TWTR 54: Top PIck 2021, Strong CMF/Volumes, Use Pullback as BUYFully anticipate a meaningful correction in Jan with profit-taking from new IPOs and mega gains from fluffy stocks. Has SPY Put Butterfly as a hedge (see the previous chart).
I would be excited to see TWTR pullback as buying levels, 52, 50, then 48, a strong 50 MA support (MACD is titling negative).
I have a core TWTR position, I keep selling a bit of 1ATR OTM calls to get some coffee money. Then I would sell puts on a pullback and be buying stocks too.
TWTR has a strong LT trend and stocks have been consistently being bought on dips. Its business model is improving, 2021 would be the TWTR year.
A $100 target is very probable. Good luck everyone and Happy Trading!
Note: I am new to Technical Analysis, I welcome everyone to point out my "mistakes" So I can improve my charting skills. Thank you.
