Twilio looks oversold and ready to bounce towards the 200 day average. May re-test that lower trendline as well. Long here with tight stop. Short at or above the 200 with a similarly tight stop. Set trailing stop once the descent is confirmed with 2 red daily candles.
Twilio Inc. just crossed the 1D Rising Wedge to the upside (RSI = 64.940, MACD = 5.430, Highs/Lows = 3.6536) and has become very bullish on the medium term (STOCH = 74.055, STOCHRSI = 73.303, Williams = -20.473). This presents a very strong buy opportunity within the emerging Channel Up. Our TP is 145.00.
** If you like our free content follow our profile...
Twilio and Airbnb just announced a 2.7 million dollar deal to try and cut youth homelessness in half! The Megalodon just gave us a buy signal on this stock, and this could really be a sleeper pick. Add Twilio to your watchlist! For information on how to use the Megalodon indicator for yourself, send me a message!
It's all in the chart, buy signal.
Due keep in mind, there is always a possibility of retracement.
The RSI does show overbought above 70 K-D.
This is a long position when enter.
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal...
Just looking at the chart, BTC is going to fall further, be-careful.
From a macro prospective, and with no insiders information, so take this with a grain of salt. When I first purchased BTC at $200 I thought that was expensive. I'm glad I was wrong cause the market showed me BTC is unstoppable. Has opposed to hoarding it, I used it primarily for simple...
TWLO is reaching the end of its consolidation wedge. Price point for bullish breakout is $42; sell point is $32. Big price action move coming on Tuesday, July 12th 2016. Gaps formed on the 28th and 29th of June have not been filled; as well as small gap on the 11th of July.