TWTR was immune from Fridays sell-off.

FXforex

FXforex

TWTR was immune from Fridays sell-off.

Down only -1.69%, a normal percentage move for them, on low volume. While the overall market was way down on very high volume. If the market continues the downward trend on Monday TWTR will get creamed. My guess down 10% for TWTR - if the market goes down.

If I had noticed this while the market was open on Friday I might have considered buying TWTR puts.

:)
 
badnewsbear said:
I think you should stop thinking whether a stock "should" act a certain way and go with the trend.
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You don't understand my OP, I will reword it for you.

Last Friday January 24 the trend for the overall market was sharply down on very high volume. TWTR was not affected. If the sell-off continues on Monday TWTR will be hit hard, around -10%.
 
FXforex said:
You don't understand my OP, I will reword it for you.

Last Friday January 24 the trend for the overall market was sharply down on very high volume. TWTR was not affected. If the sell-off continues on Monday TWTR will be hit hard, around -10%.
More...

I do understand your OP.

Your theory doesn't apply to twtr, though. The stock won't go up or down much, despite the market's path until earnings in february.
 
FXforex said:
TWTR was immune from Fridays sell-off.

Down only -1.69%, a normal percentage move for them, on low volume. While the overall market was way down on very high volume. If the market continues the downward trend on Monday TWTR will get creamed. My guess down 10% for TWTR - if the market goes down.

If I had noticed this while the market was open on Friday I might have considered buying TWTR puts.
More...


TWTR hit -9% then reversed with the market.

twtr-1.png


TWTR 1-day chart compared to QQQ.

:)
 
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