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.
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.Note
Comment: targets fully reached. now some good earnings on 10. feb and we start flying up ;)Note
even if earning should be neutral or slightly bad, thats propably already priced in. A positive surprise could give it a big impulse up
Note
you know its the right time to buy twitter when right wing idiots short/sell it :pNote
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.
Note
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
Note
atleast it seems to me currently that we will go lower then my initial supp zoneNote
musk announced a nearly 10% stake in twitter, this is the kind of news that will make twiter go new ath´s.Cheers.
Note
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
Note
kinda sucks that musk wanna buy it at 54.20 usd...all that potential upside gone :( hope he doesnt succeed.Note
RIP my OTM Calls if he succeed´s....damn really didnt have that risk on my view when i purchased otm calls :/Trade closed manually
well. elon bought it sadly.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.