That Time We Shorted (TWTR) Twitter Inc - Technical Analysis, Trade Recap!!

Twitter (TWTR) is a social media site, and its primary purpose is to connect people and allow people to share their thoughts with a big audience. Twitter allows users to discover stories regarding today’s biggest news and events, follow people or companies that post content they enjoy consuming, or simply communicate with friends.

A Brief History of Twitter

Twitter is an American microblogging and social networking service based in San Francisco, California. It was founded in 2006 by Jack Dorsey, Biz Stone, and Evan Williams, who saw an opportunity to create a platform for people to share short messages and updates with a large audience.

Twitter quickly gained popularity, and by 2009, it had over 100 million users. The platform was used by individuals, businesses, and organizations to share news, updates, and information in real time.

In 2010, Twitter introduced new features, such as the ability to add photos and videos to tweets, and the option to “retweet” other users’ messages. These changes helped to make Twitter more engaging and user-friendly, and the platform continued to grow in popularity.

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In 2013, Twitter went public and was listed on the New York Stock Exchange. The company continued to introduce new features and expand its reach, and by 2016, it had over 300 million active users.

Despite its success, Twitter has faced challenges in recent years. The platform has been criticized for its role in the spread of misinformation and fake news, and for its inability to effectively combat hate speech and harassment. In response, the company has implemented new policies and features to address these issues.

Overall, the history of Twitter is one of rapid growth and innovation. From its humble beginnings as a simple messaging platform, Twitter has become a powerful tool for communication and information sharing, with a global user base and a significant impact on society.

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so let’s go into twitter again same

stream this happened this same stream

hit after hit after hit like

it’s crazy


this one we might not spend as much time

on as the last couple videos so

we’re trying to make this a little more

dense than usual

might talk here at the beginning for a


you guys probably already see where i’m

going with this one this one’s twitter

i’m gonna let you guys think and stew on

this one before i even get into it i’m

gonna be right back i’m gonna go grab

some more water but look at this chart

look at this jar and tell me if you can

identify anything let me here i’ll

change one minute

there you go and i’ll put my cursor

right here

hello again my name is ethan you can

visit my website from

there you can join my discord or you can

potentially buy a shirt if you’d like we

also have links to my various social

media sites whether it be youtube





yeah i like this guy michael follow the

following if you want to stay up to date

with the most

current information possible

right now we’re looking at twitter as

you can see we just did a whole number

on it um

this is an

another example of a company that’s not

that old also in the tech space and also

in the subdivision of

social media again this whole stream

that we filmed

october 5th 2021 was social media

oriented we started with tech then we

went to the social index and then we

started to go through the underlyings

and you’ll notice the pattern across a

wide variety of assets


not micro

not one company’s supply and demand the

world twitter has always struggled to

maintain profitability

2018 and 2019 was a bit of an anomaly

for them and

the price action kind of reflects that

as you can tell there was a gigantic

gain in between

june 2017 all the way to

relatively current date january 2021

why is this here click okay

right up here january february february

very key month always comes back to

february interesting um


you also hear me say i don’t like ipos

all that much um here’s an example of a

company that ipo’d i had an initial

public offering at a valuation that it

that was way higher than it ever should

have had at the time


still to this day are ipos happening

where they where their products are

extremely overvalued um

but if you would have bought the ipo you

would have been up 50 for about a month

or two

kind of reminds me of zoom

most ipos have this trend most ipos have

this trend here boom followed by massive

sell-off uber

coinbase all of them

ipos are dead still dead been dead but

they were dead a year ago they’re dead


don’t touch a lot of ipos doing that

these days

that being said it’s been a very long

time since this ipo over three to five

years as we were saying earlier


we’ve had time to see its price action

see how it behaves with certain tickers


as you can see right now

we’re looking at the weekly


has been and

and and still kind of is

at this price point that is um

involving high risk

how can i visually show this let’s see

here um

if you were to be entering this company

right now your risk reward relationship

would be heavily skewed to the risk side

it’s not ideal this is not a good entry

for a company like this

as you can see there’s a prior

resistance here 20 january 2014.

this is what helped us identify that

this could potentially make a great

short moving forward um

and as you can see it’s proven to be

relatively true um

we had this major push down you had your

dead cat happens it happens things don’t

move in a straight line

that’s what i was talking about earlier

when i was showing you cosby ksi ewy and

ewj it could not have been more

beautifully straight of a line like

there’s no reason to get seasick no

reason to have any headaches and no

reason to lose sleep it could not have

been more perfect but this is an example

of one that went down dead cat bounced

and everyone would have been like oh i’m

a doubter i’m a doubter who likes to

take l’s yeah okay

uh we’re gonna show the after after this

video where is it today

we’re showing you where we were six

months ago


what we’ve been doing over the past six


where we’ve been

and then where we are today

long stream today

that we can confirm this as a

bearish breakout this would be a

breakout play for people who like to


in in that manner people who look for

breakout plays this is definitely a

bearish breakout of a

pennant formation

i’m going to show you some really cool

bullish breakouts later but you got to

stay tuned guys stay tuned we’re getting

through all the past sick before we go

into the future

let’s go back to the financials twitter

twitter twitter

in 2017

they had a negative 4.42 profit margin

in 2018 they had a 39.63

problem what changed that’s a good


in uh

2019 they had a profit margin of 42.37

pretty hard to argue with that um

here we are 2020

this is corona year

can’t touch my game this is corona year

and somehow they went

not only down but like negative

the differential between 2019 and 2020

is 50



they went from positive 40 profit margin

to negative 30.5 how is that even

possible that’s so bad that is so bad

that’s a nuclear bomb right there that

is abysmal that is atrocious that is


that is bad

what happened

they’ve always kind of struggled to stay

profitable honestly the better question


how were they this profitable for these



has to be

it’s more normal for twitter to be

losing money than it is for them to be

gaining money um

they recently had purchased periscope

and then simultaneously

just ceased

all operations at periscope laying

everyone off that’s not necessarily good


people who used to stream there can’t

stream at periscope anymore

that’s not good for your community

they’re at a market cap of 46.5 billion


surprisingly relatively comparable to a

lot of the tickers we’ve looked at today

not intentional um

obviously they had a bad day alongside

facebook but it

it’s not really the day everyone’s

focused on the day oh my gosh everything

slid like five percent today because

instagram was down

i think twitter was down for a second

too maybe there was some wild stuff

happening there’s a reason why we’re

talking about technology today i want

you all to keep that in mind there’s a

reason why we’re talking about tech

today this video is not random um

as you can see for

the past two weeks have been read on

twitter but if you

look at the bigger picture we have been

bearish on twitter for quite a while now

up 28

50 until we touch uh

the 180 on the weekly and then

best case scenario 82 for the bears

that’s that play


there’s not really too much more to say

i would definitely not be buying this i

would if you have this i would

definitely be selling it um

it alongside okay okay you guys

enjoy the video

okay we just covered snapchat we saw how

abysmal snapchat went here so

my camera

where will it be a year from now

we saw the part one we saw the part two

we saw that it’s down

tremendously like ninety percent

where’s twitter today


video was made right here on this candle

right here on the candle you see it

right there

again we were in there since february

but video was made here

breaking out of the pennant you see the

pennant it’s quite obvious don’t even

need to draw the lens pennant breaks to

the downside one month two months three

months four months five six seven


pump and dump which he’s now getting

sued for

he thought he could go against us you

think you could go against me you come

to my house

on the day of my daughter’s wedding no


that fell through obviously

shook no one and uh again i lost count

one two three four five six seven eight

nine ten ten months later boom here here

we are

up fat on shorts again

now if we would have just been looking

at twitter

cool okay he landed it but you’re gonna

see this become more and more evident

all the evidence is about to stack up

it’s you have again the twitter but then

you also have


we’re about to look at facebook and when

you see all these right next to each

other again all these things were

peeking out the exact same time a year

ago the time we were saying is not a

good time to be scaling into just about

anything we were looking at the vea we

were looking at v eu vanguard we were

looking at japan cosby with korea

things don’t happen by accident

again we’re covering where we

where we left off right till next time

we’re covering where we left off six

months ago

how all those things went

and then we’re gonna get into the good

stuff the stuff you’re all waiting for


where are we now and where are we going

in the future

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That Time We Shorted (TWTR) Twitter Inc - Technical Analysis, Trade Recap!!

Twitter (TWTR) is a social media site, and its primary purpose is to connect people and allow people to share their thoughts with a big audience. Twitter allows users to discover stories regarding today’s biggest news and events, follow people or companies that post content they enjoy consuming, or simply communicate with friends.

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  1. RunItUPP

    Thank you very much for sharing, I learned a lot from your article. Very cool. Thanks.