Twitter, Inc. (NYSE:TWTR) New Rules

Twitter, Inc. (NYSE:TWTR) New Rules

Twitter, Inc. (NYSE:TWTR) New Rules

In a private “strategy chat” with more than 40 far-right trolls, one user who tried to create a new Twitter account to spread disinformation ahead of Tuesday’s midterms elections described how he had hit an immediate roadblock: Twitter banned him for deliberately giving out the wrong election date.

“Were they really banning people for saying [vote on] November 7? Lol, whoops,” the user, whose name was a racist joke about Native Americans, wrote. “Maybe that’s what got me shadowbanned.”

The remark, seen by NBC News in a closed chat room used for planning and executing misinformation efforts, suggested that the changes that Twitter has undertaken in the past two years to avoid a repeat of the 2016 U.S. election may be working. Two years ago, the company did little to police misinformation and allowed a Russian influence campaign and politically motivated trolls to thrive.

Nina Jankowicz, a global fellow who specializes in disinformation at the Wilson Center’s Kennan Institute, a research center that studies Russia, called Twitter’s automated troll enforcement “the type of proactive behavior we need to see more of” from social media companies.

“Particularly, it’s interesting to see they’re looking to see efforts around voter suppression — something we’ve seen a lot in the past on social media platforms before election day,” Jankowicz said. “It’s a good use of [artificial intelligence], and I wish Facebook would do more about it.”

Overall, the bias in prices is: Upwards.

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

The projected upper bound is: 37.12.

The projected lower bound is: 30.91.

The projected closing price is: 34.01.

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 28 white candles and 22 black candles for a net of 6 white candles.

A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

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 70.3409. This is not an overbought or oversold reading. The last signal was a sell 1 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 64.55. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 34 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 71. This is not a topping or bottoming area. The last signal was a sell 1 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 28 period(s) ago.

Rex Takasugi – TD Profile

TWITTER INC closed down -0.280 at 34.020. Volume was 22% below average (neutral) and Bollinger Bands were 27% wider than normal.

Open High Low Close Volume___
34.260 34.280 33.370 34.020 3,803,949

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 32.44 30.60 33.53
Volatility: 93 66 71
Volume: 6,881,461 4,874,443 5,650,928

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 1.5% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of TWTR.N at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on TWTR.N and have had this outlook for the last 10 periods.

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