Symbio_X

Bullish On Twitter in 2022/23

Long
Symbio_X Updated   
NYSE:TWTR   Twitter Inc
Hello,

Since the twitter ipo basically all the stock did was trading sideway and it should be time for it to breakout.
Current marketcap is 32Billion which is compared to other high traffic websites pretty low.
With a new CEO and some changes, this has lots of room to grow to my Resistance curve.

I marked Green Buy zone from 32-36USD.
Targets for 2023 are 150+ USD.
My Stoploss would be 5% below green zone.

Twitter is one of my favorite and most promising stock picks for 2022/23.

DYOR.
Trade active:
Entry reached. laddering call options for 06/2023 in here personally.
Comment:
Comment: targets fully reached. now some good earnings on 10. feb and we start flying up ;)
Comment:
even if earning should be neutral or slightly bad, thats propably already priced in.
A positive surprise could give it a big impulse up
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you know its the right time to buy twitter when right wing idiots short/sell it :p
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spx could go further down, dunno if twitter follows (propably).
In case twitter goes a little further too ill just ladder buy more, personaly canceling my 5% sl plan.
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I may have drawn zone of interest too high. this one makes more sense. no need to panic i believe, ill personally just buy more if we happen to go a little deeper.
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not sure if this was the bottom, if not i would buy more at green arc.
my options orders didnt got filled fully, i would personally welcome that, haha.
But as i said the bottom might as well already happen.
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well, cant call my initial setup a success, averaging down at 25-30USD.
But my bull targets for the next 2 years are still 150+ USD
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atleast it seems to me currently that we will go lower then my initial supp zone
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musk announced a nearly 10% stake in twitter, this is the kind of news that will make twiter go new ath´s.

Cheers.
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This Idea went from pretty risky to low risk with today´s announcement.
Today´s Volume is an ATH! From my experience after ath in volume comes ATH in price, further confirming my Idea here.

Altho we could see some rebound here (52 USD) i still expect this levels to be good entrys with multi year horizon to sell.

DYOR
Comment:
im curious about the shortterm price movement both makes sense:
direct pump to ath range because Elon influence
or consolidating because we are in this (potential) channel

sold 1/6 of my options in case we are in this channel
Comment:
kinda sucks that musk wanna buy it at 54.20 usd...all that potential upside gone :( hope he doesnt succeed.
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RIP my OTM Calls if he succeed´s....damn really didnt have that risk on my view when i purchased otm calls :/
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i think we are at a important price atm. if we happen to get rejected right here we may see further downside or my idea may not succeed at all. if you wanna derisk here would be a good point i think.
Trade closed manually:
well. elon bought it sadly.
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