As you see on the chart we will have a big probability of a reversal trend if the support line and the vwap indicator are broken. In other hand, we will have a continuity of an uptrend if the vwap and also the resistance line are broken.Thanks.
Price did not play out as expected from my last analysis due to the news on Elon Musk. Price shot up, invalidating all the bearish POI. Right now, price is overextended and is due for a bearish retracement into the the bullish POI at 44.66.
TWTR This one smells Musky. TWTR in an obvious downtrend here. Price has been unable to make a higher high for quite sometime dating back to Feb.’21 when it reached its highs. A series of lower lows has now formed a down trendline. Support has formed at 32.55 Price is currently has pulled back to the down trendline which would also be an area of value. This...
Hello ladies and gentlemen, according to my graphical analysis of The TWITTER STOCK , there is a high probability of an increase towards over 60 $ in the next few weeks.
This chart looks ugly to me. It's all corrective. Assume Elon didn't buy Twitter. I think it could be going down to $20 in 2023 along with SPY.
If you haven`t considered to buy an Option Strangle in order to profit from both up and down movements of the stock, when i wrote about this opportunity: or previously, when Elon Musk took a 9.2% stake in Twitter: Then you should know that he agreed to his original buyout proposal to Twitter amid litigation in chancery courts. There is still 5% upside from...
Quotes, man. I love them. Excerpts, proverbs, quips, riddles, koans, aphorisms, limericks, snippets, and lyrics— I’m not the type to discriminate. I love them all. Since In Latest TradingView Post About "Traders Gaining Momentum : Fall Edition" to Compile Great Authors To Read And I Will Try To Compile Great Quotes From Philosopher For Traders And...
Twitter seems to be pumping on speculated Elon news again and is at a PCZ of a Potential Bearish Bat. So long as the stock doesn't pump in the next pre-market i will be once again buying fresh ITM puts valid for a few months.
Today you can review the technical analysis idea on a 1W linear scale chart for Twitter (TWTR). In the excitement of Elon Musk restarting talks about purchasing Twitter, the stock had a very strong rally. However the weekly chart shows a concern for the future of the stock price. The price has been in a Symmetrical Triangle and has the potential to break above or...
Today a letter was released from the Musk parties stating basically they want to go back to Square One. As per my understanding it doesn't say Musk will unconditionally buy Twitter, it basically says they are standing their ground and they're abiding by the original acquisition terms, which back then stated there should be transparency with the "bots" and other...
Hello friends. We previously called the exact bottom of Twitter stock by using a probability analysis showing that Twitter was dramatically undervalued based on the market's expected probability of a Twitter buyout. Since then we have made even more money from Twitter stock, and we will explain our strategy moving forward. Polymarket says the probability of a...
Twitter (TWTR) is rising aggressively today following the Elon Musk news. If you filter out this noise you will see that the price approached the Lower Highs trend-line that first stared on the February 25 2021 market top. This has so far two clear rejections and if the stock doesn't close above it soon, we could get our third one. The RSI is above the overbought...
• It seems TWTR is inside an Ascending Triangle chart pattern, between the purple trend line which connects the previous bottoms since July 12, and the black line at $44.57 which worked as support/resistance multiple times in the past; • To whatever side TWTR breaks, it’ll probably do a strong movement in sequence; • By doing an upwards breakout, the target would...
Price bounced off nicely off the bearish POI at 43.64 as per my last analysis. From here, I'm expecting price to continue lower at least to the lows at 38.06.
Twitter has butterfly pattern on daily chart. Seems like the reaction on the support level is strong and buyers are actively taking their positions.
What i really believe is happening is Elon Musk wants a better price for Twitter, in the $44-45 area instead of the initial $54.50. And he will get it. The earnings won`t be strong, we could even see revisions. My buy area is between $31 and $34 and the buyout price $44. i think you can win both ways if you play an option strangle with 6 months expiration date....
Currently testing the weekly supply zone on heavy volume. Just below the open price on IPO day as well (black dotted line). In a small starter put position in case this thing wants to get crazy over the weekend. Will look to add next week if it holds. Basically $1 risk for a minimum of $4-5 (gap fill) reward imo.