TWTR AnalysisPrice is on a downtrend, currently at a bullish POI. I'm expecting price to rally from here, taking out the buy-side liquidity created above. However, I do note of the fundamentals for this company and there is also a probability that price can take out the lows at 31.30. I'm leaning towards the bullish price movement.
TWTR trade ideas
New investment for MondayTwitter investment idea:
Okay so last time I posted about this company was when Elon was taking over the company. We did get a big boost then and I was thinking of buying some shares once the price was back down a little bit and all of the hype was calming down a little.
When we have a look at the chart now we can see that the big sell of in the stock market that we got last week was the right thing that we needed for this company. At the moment we are in the 40 range and that is the range I was looking at in the beginning to start investing into it. We can see that the big gap we got from the news is fully closed back so we can start to see some normal volume coming into the company for the next weeks I hope.
I am going to see and wait for the NY opening on Monday to see what the stock price is going to do. Then after a few hours I will be adding this company to my portfolio. This is a long term investment portfolio so this is not a company I am buying to just make a quick buck. This is a company that I will be holding for at least 5 years. Once the price is good for the company then I will sell it. So if you are just looking to make a quick buck then I would suggest you to not invest into this company for now because there are way better companies that are going to have big growth in the coming months but not in the long run.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
Waiting for the bulls to kick in on Twitter Hi Traders,
Twitter Is sitting at an interesting place right now but before I break down the chart, let’s take a look at some fundamentals.
Elon Musk has announced that there are a few unresolved matters on the deal to buy Twitter, including the number of spam users on the system and the coming together of the debt portion of the deal.
Now with everyone waiting to see what's going to happen, Price has been consolidating between $41 per share and $35,50 per share. The market is currently closed but on the 1st day of July, it closed in a bullish engulfing candle which could be the 1st sign that we might have buyers stepping in.
When looking at the price on the weekly Timeframe, We will see that it has created a Double Bottom Pattern, Pushed to the upside whilst breaking the neckline of 32.23 and then shifting structure to a more bullish nature.
The next obvious move is for price to create a lower high that I believe we've found at 35.5. Should the deal with Twitter and Musk go through we could see price start the next wave to the upside and I will be looking at securing my investment at $54 per share.
This should be an interesting one. See you all in the next post.
Renaldo Philander.
Twitter: Deal is still on, says Musk!!Twitter
Short Term - We look to Buy at 39.16 (stop at 37.32)
They recently gave Elon Musk more information as he requested and deal seems to be still forging ahead. The sequence for trading is higher highs and lows. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Dip buying offers good risk/reward.
Our profit targets will be 43.86 and 46.00
Resistance: 44.00 / 46.00 / 52.00
Support: 39.00 / 34.00 / 28.50
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$TWTR: Board approved the merger...Now that the board unanimously approved the merger, and the broad market is staging a relief rally or even a bottom, as inflation being under control potentially sets the stage for the Fed to pivot and stop hiking (at least this is what the market might be pricing in), $TWTR offers a good reward to risk entry to go long and pull off a merger arb trade here. Upside capped at $54.2 or lower if Elon bids less for the company after reviewing the real time data he obtained recently. Technicals and broad market risk improved substantially to revisit this idea and go long.
Good luck,
Cheers.
Ivan Labrie.
DID Elon Musk BUY TWITTER???I am a bit Skeptical, but It's TWITTER People!
Statistics Show the Stock is between $43 - $54 (1 year)
The What if's aren't Good for Trading Stocks, but ...
What if;
Elon Musk Buys Twitter, it will Jump!
Up or Down?
If twitter becomes more user-friendly and less Political,
it could be a Great Push to Higher Highes for sure!
That could mean around the $100 per Share
According to its Annual Reports published on the Twitter Investors Relations page,
the platform has been experiencing year-over-year growth in the number of
active users even in recent times.
Growing from 154 million monetizable daily active users in 2019
to 217 million monetizable daily active users in 2021
Disclaimer:
Just my Idea! Find your Trading Ideas and learn and study more!
Twitter is not Gap but has a Gap to Fill!Twitter is not Gap but has a Gap to Fill!
Gapped down 1.25 on May 13, 2022. I strongly believe that Twitter is moving upward to fill the gap. This idea stems from the fact that it has price rejections 4 times at approximately 40.75 (see weekly chart or the screenshot below). Therefore, I will make an entry on TWTR after it breaks and holds above 41.
My PT is 43.00 for this trade.
*This is not financial advice.
Fly like an eagle,
MrALtrades00
TWTR buyout updateElon Musk threatened to terminate his $44 billion plan to buy Twitter arguing that the company is breaching merger pact by not disclosing spam information.
If he wants to lower the price, i think the minimum upside is $45.75, which still represents an upside of 18,45% from the current level.
If the number of bots is exactly like Twitter says, then +41.22% is the upside from here.
Looking forward to read your opinion about it.
Musk’s 5 billion dollar exit from TwitterElon Musk, the wealthiest person in the world, appears to be playing a game of Monopoly in real life as he leads a number of companies in the tech space, and builds stakes in other companies and cryptocurrencies.
However, his recent acquisition of twitter (NYSE:TWTR) may not pass go and perhaps sets him up to be liable for at least 5 billion dollars.
Fallout from Twitter takeover and other controversies
Musk’s contentious bid to buy Twitter and his latest comments on politics, has cost him $49 billion over the past month, according to Fortune. Tesla’s (NASDAQ:TSLA) stock price plunged to a 10-month low on Friday following a report by Business Insider last week that Musk sexually harassed a flight attendant in 2016, a claim that the Tesla CEO denied on Twitter.
Twitter’s stock also fell to a two-month low on Wednesday last week after Musk hinted that he could back out of the Twitter deal or at least slash the deal price unless the social media platform can prove that bot accounts represent less than 5% of its users.
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a May 13 tweet, referencing a Reuters article about false or spam accounts that make up less than 5% of Twitter’s monetizable daily active users in the first quarter.
That tweet sent Twitter’s share price falling ~30% on May 13 against Musk’s offer price of $54.20 per share.
$5 billion exit
Although Musk has stressed his committment to the acquisition, an analysis by Reuters found that an agreement to abandon the deal would be a better option for both Twitter and Tesla.
Musk will use a big portion of his Tesla stock to pay for his Twitter purchase, but the latest headlines surrounding the Twitter CEO knocked $390 billion off Tesla’s market value in just weeks, the news outlet noted.
Musk might also have to pay a $5 billion price for backing out of the deal, while Twitter’s value would lose around the same amount, according to Reuters.
"At the right price, both can get the difficult experience behind them,” Reuters said.
Twitter, however, reiterated that it is also committed to completing the sale to Musk on the agreed price "as promptly as practicable,” adding that it stands ready to close the deal and “enforce" the merger.
TWTR oversold rally may reach 44.50 but M-pattern goal is 29TWTR & TSLA fell due to ELON MUSK’s selling of TESLA shares to buy TWTR @54.20/share but later retracted when TWTR fell. Investors dont like uncertainties.
TWTR may be doing a M-pattern to reach the 29 pivot which also a FIBO 0.854 retracement from ATH 80.75 to bottom 20. 29 is also a move downward the size of the yellow square.
However, it may have an oversold rally first to fill all the gaps but will be rejected at 44.50, the orange VWAP YTD or at the neck of M-pattern @46
29 will complete the 3-3-5 ABC corrective wave so that wave 5 may begin.
Not trading advice