Trend line and support bull daily candle bounce. Pulling back for good entry. Ideally go in to hourly chart for bull signal for entry otherwise trade is isn't yet valid) But I don't know how to post MTF charts.
Breaks support / TL = Up Direction Bias ends and it'll consolidate before choosing a direction
At swing high take off some of the position and let the...
One company that I have always checked in on is Twilio. They send text messages on behalf of companies for two-factor authentication and other services like chat bots and custom messaging strategies for marketers or companies to communicate.
It is a cool company and it is definitely impressive. Hat tip to what they've started. And look at this boom. Now worth $40...
With the stock market bouncing higher off support I felt it would be a no brainer to scan through some chart for some high probability trades. Luckily, I found one... Twilio .
You're Saying buy a Stock up 200%?
Yes, I am saying that buying Twilio isn't all that bad given the set up. Regardless of whether Twilio is up 200% since the March 16 low price action is...
Twilio has first shown sign of weakness of May 26, and despite a quick recovery on a drop the following day, weakness ensued the following week.
Conditions have been met and trade will be active soon as market opens.
Stpp loss on limit or on change in market conditions.
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.
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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...