Twitter Inc . (NYSE: TWTR ) is on track to closing August on the red as billionaire Elon Musk finds new reasons to back out of his $44 billion deal to take over the social media company. The company closed Aug. 30 just below $40.00. Over the last 30 days, the company peaked at $44.99, much lower than Musk's $54.20 per-share offer. Amid the ongoing takeover...
TWTR on this daily chart has produced a nice Double Bottom Pattern This is a bullish support pattern Recovery could be similar to that seen in the first double bottom
Just an idea and trade at your own risk. TWTR is still in its uptrend channel and double retested the demand (support) zone and forming a double bottom pattern. Next targets to area 50 and after breaking and closing weekly above the double bottom neckline at area 52, will confirm its bullishness movement to the upper channel of the uptrend at area 85 as long...
This is not Finacial advice, just my opinion. I have calls open.
NASDAQ:TSLA TSLA is now retesting a breakdown below an ascending channel I intend to short this with the bear ETF TSL for a 1.5X leverage that way I can buy several shares and tier out of the position sequentially on progress Once a downtrend becomes established a pull option for a few weeks expiration. ( always watching the TWTR saga and also any signs of...
TWTR in 15minut indicate that the market is bullish next phase and that good time to buy in the market
TWTR dumped 13.62% (purple price range) after the bearish Supertrend Ninja signal (red vertical line on the background). Then the price pumped 14.61% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background). TWTR is forming Leg C with a possible bull run to around to 70 USD (1.618) or 55 USD (1.0). Which is about...
NYSE:TWTR has been running for 4 weeks with a RSI now over 80% By comparison, META is sideways. Musk just liquidated $6B in TSLA to fund a contingency in case the court forces the contract to purchase at $54.20 www.cnbc.com This may cause buying pressure at the present price far below the contract price. Potentially a short squeeze could augment the price...
Looks like we located a potential market anomaly on the daily timeframe (bearish candle, bullish volume . There seems to be a reversal head n shoulders setting up here. Furthermore, this also looks like an "abc" corrective wave. The anomaly was located on todays daily candle close we have been down trending since April. Seeing how we just had a 1-5 wave structure,...
This is mid term analysis for twitter, we are now in 5th wave of c wave from 2nd wave that targeted 17$-16$. Mostly Elon musk will not be forced to buy twitter anymore.
This is most likely a running-flag . The structure of this wave will be completed when the price falls to $31.47
If you had watched Uber's chart in the past two weeks you have probably realized that it goes one day +5% the other day -5%, next day +4% and again -4% ....; Experienced traders know that's a scary signal that indicates company is running out of money and is scrambling to survive with speculation ! This common phenomenon (+5%, -4%, +4%, -5% ...,) happens just...
🤔On Friday Twitter will release it's earnings report so we can expect a lot of volatility that day. 🤔From technical point of view we have trendline that is acting like resistance and we have 32.00 level that is acting as support. 🤔Take a look at the volume at top. A lot of people entered into long positions when they heard that Musk is buying twitter . Now, that...
Twitter - Short Term - We look to Sell at 38.32 (stop at 41.62) This stock has recently been in the news headlines. This has resulted in the medium term bias being for lower levels. We have a Gap open at 38.32 from 07/07/2022 to 08/07/2022. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies. Our...
Here are 3 key points from the news that hit the markets regarding Elon Musk and Twitter ($TWTR) 1) Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter. 2) Musk’s lawyer claimed Twitter failed to comply with its obligations in the merger agreement. 3) Twitter’s board chair Bret Taylor said the company is still committed to closing the deal at...
Price 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.
Twitter 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...
Twitter to $22.82. Musk backing out of deal opens up possibility of TWTR facing legal action from shareholders due to "false and misleading representations".