Twitter, Inc. (NYSE:TWTR) is finally rolling out the ability to schedule tweets

Twitter, Inc. (NYSE:TWTR) is finally rolling out the ability to schedule tweets

Twitter, Inc. (NYSE:TWTR) is finally rolling out the ability to schedule tweets

Twitter today announced it’s rolling out the ability to schedule tweets.

The long-awaited feature, which is already available within Tweetdeck and other third-party clients, will allow users to write posts in advance and publish them at a pre-defined time.

This feature is likely of interest to a small niche of users, particularly those working within publishing and professional social media. It’s also indicative of a renewed push from Twitter to regain the ground it has lost to rivals like Buffer and Hubspot, who offer paid social media management tools.

No secrets on Twitter

It’s worth noting that this feature has been in the works for some time. Jane Manchun Wong, a hacker renowned for discovering secret features within social media apps, discovered an early version almost two months ago.

Why did it take so long for Twitter to formally release scheduled tweets? I’d speculate that it’s got something to do with the technically complicated nature of the problem. Anything to do with timing is hard. Factor in the global scale of Twitter, and you can understand why they chose to be so cautious.

A king without a crown

I don’t think Twitter will replace Hubspot and Buffer. For those working with large accounts where analytics and customer engagement are key, a paid third-party service is still the best option available.

That said, for those managing smaller and less demanding accounts (like for a small blog or coffee store), Twitter’s stock web experience may soon become the default way to manage the social media presence.

This, as well as the availability to see analytics data on each tweet without a third-party tool, hints towards a new direction for Twitter. It’s not merely content to be a platform. It also wants to make inroads with those using Twitter for work.

Social media is a huge business. Buffer and Hubspot are huge businesses. Why wouldn’t it want a piece of that pie?

Technical Indicators

Overall, the bias in prices is: Downwards.

Note: this chart shows extraordinary price action to the downside.

By the way, prices are vulnerable to a correction towards 34.03.

The projected upper bound is: 32.62.

The projected lower bound is: 25.16.

The projected closing price is: 28.89.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 20 white candles and 30 black candles for a net of 10 black candles.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 63.6667. This is not an overbought or oversold reading. The last signal was a buy 13 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 26.18. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 76 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -51. This is not a topping or bottoming area. The last signal was a buy 3 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 7 period(s) ago.

Rex Takasugi – TD Profile

TWITTER INC closed down -0.270 at 29.170. Volume was 0% above average (neutral) and Bollinger Bands were 74% narrower than normal.

Open     High      Low     Close     Volume___
29.300 29.470 28.880 29.170 3,007,456
Technical Outlook 
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period     50-period     200-period
Close: 29.20 36.44 36.61
Volatility: 17 67 54
Volume: 2,690,355 3,078,520 3,027,357

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

TWITTER INC is currently 20.3% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume out of TWTR.N (mildly bearish). Our trend forecasting oscillators are currently bearish on TWTR.N and have had this outlook for the last 46 periods. Our momentum oscillator is currently indicating that TWTR.N is currently in an oversold condition.

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