TWTR, TIME TO BUY!
Hello fellow traders and investors, here's another trade idea.
TWTR has recently pulled back to the bottom of the channel which happens to be a key level. If TWTR makes it back to the top of the channel it offers a 24% ROI.
Technicals:
The Macd indicates that it's oversold and in a downtrend.
The RSI is very oversold
The has been exhaustion in the selling volume which means we could start seeing some buying volume.
When To Buy:
Now
When To Sell:
I recommend selling at the top of the channel.
Fundamentals: Twitter, Inc. is a global platform for public self-expression and conversation in real-time. It provides a network that connects users to people, information, ideas, opinions and news. They have a P/S of 13.8, a debt/equity of 0.44, a sales growth Q/Q of 28%, an EPS growth Q/Q of 85.80%, a profit margin of -33% and a short float of 3.64%.
Rating: 65/100 the technicals are very good but the fundamentals aren't great because of their profitability sitting at -33%.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
TWTR has recently pulled back to the bottom of the channel which happens to be a key level. If TWTR makes it back to the top of the channel it offers a 24% ROI.
Technicals:
The Macd indicates that it's oversold and in a downtrend.
The RSI is very oversold
The has been exhaustion in the selling volume which means we could start seeing some buying volume.
When To Buy:
Now
When To Sell:
I recommend selling at the top of the channel.
Fundamentals: Twitter, Inc. is a global platform for public self-expression and conversation in real-time. It provides a network that connects users to people, information, ideas, opinions and news. They have a P/S of 13.8, a debt/equity of 0.44, a sales growth Q/Q of 28%, an EPS growth Q/Q of 85.80%, a profit margin of -33% and a short float of 3.64%.
Rating: 65/100 the technicals are very good but the fundamentals aren't great because of their profitability sitting at -33%.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.