TWLO buy - potential inverse H&S Long

Twilio Inc.NYSE

Description

⋅ Oct 18, 2019 9:34 AM

Looking for buy entry to TWLO with the potential inverse H&S.

Will either buy on break of the neck or look for entry earlier depending on price action.

Probable entry points in this case would be:

BUY: approx $109
Stop Loss: $102.37
Sell approx $131.63

Chart Patterns Technical Indicators

Comments

qnp

⋅ Oct 19, 2019 2:16 PM

lol

jaxdog

⋅ Oct 18, 2019 1:16 PM

Good analysis. I have to say my favorite is the bullish smile :-) This has been on my watch list for months. I only like it long (I have a bias). I will not hesitate to go long if up volume exceeds any down volume day during any of the last running 10 days as that RSI is very positive.

HighnLows

⋅ Oct 21, 2019 8:23 AM

@jaxdog, Thanks JAX - you have to have a smile in this game. Lets hope it doesn't turn upside down ;)