mrvaldez34

TWLO - Will go down to at least $68.35 tomorrow 8/14

Short
NYSE:TWLO   TWILIO INC
TWLO's 233 minute candles show that the chart is coming off a high and dropping till it hits its middle bollinger band that is at $68.35 on the 233. MACD , StochRSI, the Moving averages, and Directional Movement Indicators have all crossed moving downward. This is a good opportunity for a put. This is not a long term short however. Recommendation is to get out of this in 1-2 days as the weekly candles show that the stock is generally up, so this is only a dip in the weekly.

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