Eyeballing TWTR. Generally speaking I prefer to have a better volume profile shape on the weekly chart (i.e. the POC up higher), but that doesn't mean buyers can't take back control of the auction and break the price action up away from it. Weekly chart showing positive divergence and a close above a "Wyckoff Creek" Technically it's still trading below 2015's range so the important line in the sand here is around $23.50. If broken, it would force the near 10% of shorts to cover Value for 2015 is defined by the POC around the mid $36 level. Daily 6 month chart shows a blatant absorption of the gap down sell climax after the Q2 earnings report. There was a similar sell climax in April that was also bought up. Someone is verrrrrrry interested in shares at these prices. Speculators believe this name to be a hot acquisition candidate.
Well let’s get it on with this market crash already this way TWTR can rebuild. Usually it takes about a month so we can start October rise.
If the company cared more about obvious business opp's than pushing Left politics the stock would be 4x
One of the better articles written on Twitter and Dorsey's history. All I gathered was the environment within Twitter was toxic and at times destructive. People, spaces and events took names of birds. Management was nowhere to be found, but ideas were plentiful. The company was working to find an identity, which I argue, its found today. Its now down to execution. Highly recommend it. --------------------------------------------------------------------------------------- TWITTER IS BETTING EVERYTHING ON JACK DORSEY. WILL IT WORK? DEFENSE AGAINST THE DARK ARTS Twitter, which was founded in mid-2006, has always been engulfed in madness. Its first (and mostly forgotten) leader, Noah Glass, was fired a few months into the company’s life as he sat on a green bench in the South Park area of San Francisco. When Dorsey took over as C.E.O., he lasted for a year and a half before he was fired while sitting in front of an uneaten bowl of yogurt and granola at the Clift hotel, on Geary Street. Evan Williams lasted 23 months before he was pushed out in a vicious boardroom coup as he sat, helpless, at a mahogany table at the company’s law offices. If these expulsions sound like murders, that’s likely because many of them were committed with the same behind-the-scenes planning and mastery. In every instance, the man who was knocked off had no idea who was behind the coup that led to his demise. In 2013, after the publication of my book Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal, I was greeted with effusive (or enraged) phone calls, text messages, and e-mails from co-founders, board members, and senior employees who were excited to finally learn the true identities of their tormentors. I still occasionally receive calls from people inside the company asking me for information about a recent firing. There are many reasons for Twitter’s internal conflicts. Almost immediately after the concept was formed, in a tiny rodent-filled office in San Francisco, it was apparent that the strange Web site was going to grow up to do great things—allow people all across the Internet to have a voice, to speak up against government action in oppressed nations, and to engage in a live conversation from any point on the globe. As a result, everyone in the room wanted their name attached to Twitter, and each person involved wanted to steer the social network in a unique direction. http://www.vanityfair.com/news/2016/06/twitter-is-betting-everything-on-jack-dorsey
Time to buy. Probably yes, and first stop for rest area is $24 area but we may finally reach $31 zone
Nice move here this morning. Is this the reason? Twitter Inc TWTR has revised its content monetization practices and will now be sharing ad revenues with creators. By bringing more creators to churn out additional content for its platform, the micro blogging site is trying to boost its user base and improve engagement levels. In a blog post, Twitter said, “the Amplify Publisher Program provides approved creators in the US with the ability to monetize their videos, which is as simple as "checking a box" prior to Tweeting. Pre-roll ads will then run against the content and a portion of the ad revenue is then shared back with creator.”
Did you buy? A nice move as pointed out by @Gil Oren this morning. Twitter Jumps After Co-Founder Says Company Has to Consider M&A Twitter Inc. jumped as much as 5.8 percent, the most in two weeks, after co-founder Ev Williams said in an interview with Bloomberg TV that the company has to weigh all options amid ongoing speculation it’s a takeover target. Williams initially declined to comment when asked by Bloomberg’s Emily Chang whether Twitter can remain an independent company. He went on to say, "We’re in a strong position now, and as a board member we have to consider the right options." Read more: http://www.bloomberg.com/news/artic...r-co-founder-says-company-has-to-consider-m-a
Situation around Twitter is getting hotter and hotter! Incoming dozens of threads of speculations about what Twitter could merge with.
Forecasting a push to 20$ today and through the golden cross. Should be exciting. Futures up nicely also.
Nice-looking upward curl on the daily chart. If the entire market weren't so toppy, I'd be all over this. Waiting patiently.....
Sept 8 (Reuters) - Twitter Inc Chief Executive Jack Dorsey is expected to be given a few more quarters to execute his turnaround plan and his management will not be questioned at Thursday's board meeting, CNBC reported, citing sources. However, the meeting is likely to include discussions about whether the company should put itself up for sale, the report said. (http://cnb.cx/2cIoq10) Twitter was not immediately available to comment. Shares of Twitter were down 5.5 percent in heavy premarket trading at $18.77.
