I have been keeping an eye on NYSE:TWLO for some time now. It had been in a downtrend with a series of lower lows. That changed last week when it put in a higher low. Now it has broken above the downward sloping trendline and Wedging Pattern. I’m looking to go long with an entry on a 5-minute chart. This got away from me this morning, so I’ll look for some sort of pullback to measure my risk reward.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Yeah, same here. I only picked up a handful of shares before the breakout and missed that it broke out. So now waiting for it to pull back before jumping in.
jaxdog
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@jrothlander, Congrats on at least getting a few shares. I'll be patient. Even if it takes a few days to get a good R/R it's no problem for me. Am opportunity will likely present itself.