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Me got more puts.
And on the daily chart we have a bearish Evening Star.
The evening star consists of three candlesticks:
A long white candlestick. (on May 15th)
A small white or black candlestick that gaps above the close (body) of the previous candlestick. This candlestick can also be a doji, in which case the pattern would be an evening doji star. (May 16th)
A long black candlestick. (May 17th)
Similar to AT&T's chart here:
http://stockcharts.com/school/doku.phpid=chart_school:chart_analysis:candlestick_bearish_reversal_patterns
THE BEARS ARE IN CHARGE FOR NOW.
And on the weekly chart we got a bearish Harami and a shooting star. Does this CSCO chart look similar to TWTR's chart? We can sleep well this weekend.
http://www.onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks/ShootingStar.html
It's OK that I didn't win in the Preakness, my puts are gonna pay handsomely next week.
That was shocking. "Always dreaming" didn't even show.
No thanks, I'm quite happy with my puts for now.
I do believe that Twitter will be up by the end of the year, but it will be headed down for the next couple of weeks is how I see it. And good luck to our country, we'll need it.
That makes sense to me because the volume shows that most peeps bought in between 14.70 and 18.80 during this run and will most likely panic sell when it drops below 18 whether to lock in profits or limit their loses.
Why would you do that? You must accept what is clear by now. What is clear is that this is a down week. I do however, believe that TWTR will turn around after getting back into the $15 range. And that's not just "noise" out of Washington. This country is in the midst of a serious crisis. The dow will be dropping drastically soon.
Nice.
The WEEK isn't over yet.
Traded in my calls for puts Friday also. TWTR is dropping this week fer sure.
And forming BEAR 'castle top' on daily. Gotta wait till near EOD to be sure.
Sold my puts and grabbed more calls. I was wrong about today.
Wow, gonna drop so fast after such a long hang time.
My calls are for Jan 2019 @ 37.00 and they're not affected too much by these price fluctuations.
Already doing good with my Sept 16 puts. But I don't think it'll gap down. IMO bounce @ ~16.50
Yeah I'm still holding both calls and puts. This volatility makes me feel a bit of schizophrenic today :0 Ha ha. Time to get off the computer and do something else.
Yeah I got squeezed out this time Ha Ha. Shoulda stuck to my first analysis of hitting 20 this week. Sometimes it's best not to sit and watch a stock through all its intraday volitility.
I got some puts in also although I believe I jumped a little too soon here. Still holding my Jan 18 @27 calls though.
I took my profits today.
There's always hope...and I too am holding and waiting for news or something to set this dud off. GLLK will move fast if it gets above .0002 again.
Pullback tomorrow resets RSI. It could still hit 20 by Friday.
That's an intraday Head and shoulders. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Maybe Trump will learn to use it as a news source now instead of "The National Enquirer". Ha, ha. TWTR flyin like the litte birdie logo.
Good call on 17.
SWEEET! Maybe 18 at open.
You got the right idea, they aren't going to tell us exactly when to invest with news or profits reports. Sometimes ya just gotta inject good ol' common sense into your reckoning.
You know JetsamTrader, I wondered why FB's price was not higher after that first year since its IPO. It was so popular with Zillions of people. Then I did my own chart analysis and took a gamble on that stock which paid off very well when it jumped from 25 to 32 and never looked back. Now I believe something similar is about to happen with TWTR and I don't know, or care, what the catalyst will be. But TWTR is definitely not dead.
Not in the dumps. TWTR is just getting warmed up.
Yep, if we can close that open window between ~17 & 18 we're on our way up outta this 3 year slump.
Hopefully this'll gap up again next week:
"TWTR plans to participate in the TV “upfronts” next week, focused on things like the “Red Carpet” show it did before the recent Grammy Awards, which Dorsey said drew 5.1 million unique viewers. He emphasized the company’s relationship with big advertisers like Anheuser Busch Inbev NV (ADR) (NYSE:BUD), which he said is getting a good return on investment from Twitter video ads..."
http://investorplace.com/2017/04/twitter-inc-twtr-stock-live-streaming/#.WQF0w_nyuCg
"Monthly active user growth was particularly strong, at least compared to the company's slow growth over the last two years. Monthly active users hit 328 million, up 6% year over year and 3% sequentially. This monthly active user growth marked a nice acceleration relative to the 4% and 0.06% year-over-year and sequential growth, respectively, Twitter reported in the fourth quarter of 2016."
https://www.fool.com/investing/2017/04/26/twitter-inc-finally-returns-to-strong-user-growth.aspx
Hopefully this is just the beginning of a steady climb up.
You're welcome. Jim Kramer once said something like, 'If you want some ideas of what to invest in, just look at what the hedge funds are doing.'
You are not alone:
Nicolet Bankshares Inc. raised its position in shares of Twitter Inc (NYSE:TWTR) by 227.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,821 shares of the social networking company’s stock after buying an additional 5,434 shares during the period. Nicolet Bankshares Inc.’s holdings in Twitter were worth $117,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the stock. State of Wisconsin Investment Board increased its stake in Twitter by 40.0% in the third quarter. State of Wisconsin Investment Board now owns 610,970 shares of the social networking company’s stock worth $14,083,000 after buying an additional 174,600 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD increased its stake in Twitter by 3,560.6% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,404,226 shares of the social networking company’s stock worth $32,367,000 after buying an additional 1,365,865 shares during the last quarter. DnB Asset Management AS increased its stake in Twitter by 4.9% in the third quarter. DnB Asset Management AS now owns 42,900 shares of the social networking company’s stock worth $989,000 after buying an additional 2,000 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Twitter by 0.8% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,547,297 shares of the social networking company’s stock worth $35,665,000 after buying an additional 11,591 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Twitter by 2.3% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 80,556 shares of the social networking company’s stock worth $1,857,000 after buying an additional 1,789 shares during the last quarter. Hedge funds and other institutional investors own 44.45% of the company’s stock.
https://sportsperspectives.com/2017/04/25/nicolet-bankshares-inc-has-117000-position-in-twitter-inc-twtr.html
Here's what's going on.
The following is an excerpt from:
http://www.marketwatch.com/story/fake-news-fraudsters-find-new-ways-to-trick-traders-2017-04-12
FAKE NEWS
The alleged scheme the SEC revealed Monday is not the only way scammers seek to trick traders (and their algorithms) into doing their bidding. They have also been known to post completely fake news on bogus sites that mimic the real thing.
For instance, a site mocked up to look like Bloomberg.com with a similar URL was used to spread news in 2015 of a $31 billion takeover bid for Twitter Inc. While Bloomberg News quickly debunked the article, Twitter stock surged immediately after the story made the rounds, giving anyone prepared for it the opportunity to sell shares at an elevated price.
The approach of mimicking the look, feel and addresses of real news sites to trick readers into believing inaccurate content has progressed since that type of early attempt, and was used repeatedly by fraudsters in the 2016 presidential election, popularizing the term “fake news.”
Due dilligence? Seriously if everyone profited because of doing their "doo diligence" it would be a perfect world full of gazillionaire's, now wouldn't it. There is so much bullshit being put out there to lead investors astray that by the time you're done sifting through what's true and what's not, you've already lost, and wasted your time. You take your road and I'll take mine. In this instance I choose to bet against the trend, and your negativity gives me encouragement. Thanks.
Well now, it's a stinky pinky after all. I'm in @.0003 and I will wait to see what happens, whenever it happens. GLTA
There is one thing in the near future that may help boost TWTR's share price.