Twitter, Inc. (NYSE:TWTR) new rules to help stop fake accounts
Last month, Gizmodo uncovered a disturbing scheme where Twitter spammers were apparently impersonating more than a dozen real women to sell diet pills. Now, it seems, the site is introducing new rules to help stop fake accounts such as these.
On Monday, Twitter announced several updates to the company’s policies aimed at fighting “emergent, malicious behaviours” by fake accounts, repeat offenders, and the spread of hacked information.
Twitter said it was aware of complaints that its “rules about spam and fake accounts only cover common spam tactics”. Under the new rules, Twitter will consider additional factors, such as whether potentially fake accounts use stock or stolen avatar photos and stolen or copied profile bios.
Together, the company says these polices reflect its mission to halt evolving “platform manipulation tactics” and inauthentic behaviour.
Additionally, Twitter said it is expanding its “enforcement approach” to target accounts that “deliberately mimic or are intended to replace accounts we have previously suspended for violating our rules”.
Finally, Twitter has updated its hacking policies to prevent the dissemination of hacked content. While threats to hack were previously banned, the rules now explicitly prohibit the direct distribution of hacked information “that contains personally identifiable information, may put people in imminent harm or danger, or contains trade secrets”.
Twitter also said it is expanding the cases where it will suspend accounts directly connected to hacking.
Overall, the bias in prices is: Downwards.
Note: this chart shows extraordinary price action to the downside.
The projected upper bound is: 32.40.
The projected lower bound is: 23.38.
The projected closing price is: 27.89.
A white body occurred (because prices closed higher 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 25 white candles and 25 black candles.
A doji star occurred (where a doji gaps above or below the previous candle). This often signals a reversal with confirmation occurring on the next bar.
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.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 21.2643. 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 33.26. 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 10 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 -124.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 5 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 4 period(s) ago.
Rex Takasugi – TD Profile
TWITTER INC closed down -0.120 at 28.190. Volume was 21% below average (neutral) and Bollinger Bands were 58% narrower than normal.
Open High Low Close Volume___
28.170 28.620 27.910 28.190 4,509,243
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 28.90 32.44 32.82
Volatility: 38 79 68
Volume: 4,590,397 4,647,899 5,473,900
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.
TWITTER INC is currently 14.1% below its 200-period moving average and is in an downward trend. Volatility is relatively normal 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 6 periods. The security price has set a new 14-period low while our momentum oscillator has not. This is a bullish divergence.