Patterns equal legs target, wave theory . 1.236 = C . 1.618 if C isn’t complete.
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...
$TWLO has formed a clear falling wedge. Volume is declining as price pulls back. Set alerts on upper trend-line resistance for ideal entry point. First target $292 then new highs. BTO $TWLO 10/9 $290c avg $4.20
Looking here for a breakout!
AS LONG AS TWLO HOLDS OVER 288, IT CAN CONTINUE HIGHER TOAWDS 303. I WOULD GO SHORT UNDER 283
NEEDS BACK OVER 143 TO MAKE A MOVE HIGHER TOWARDS 153. SWING TRADE IDEA: 150C 10/16 BID/ASK: 3.60/3.75
Uptrend Corridor bounce with target price set at resistance bounce. - Strong Uptrend - RSI above / STOCH about to cross 50 - MACD above Signal Suggested Entry $254.57 Suggested Stop Loss $245.26 Target price $297.63 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be...
Seeing how this week has a low volume dump, I'm pretty positive that next week will be a nice green candle upwards. The expectation is around $40 in the case Twitter goes Bullish. Seeing the Weekly MA trending upwards is also a bullish signal.
BEARISH DIVERGENCE PLAYED OUT GREAT THANKS TO NEGATIVE NEWS AS CATALYST. LETS SEE WHAT KIND OF FOLLOW THRU PRICE ACTION WE GET...BIG GAP FILL WAY DOWN AROUND 151 AREA !!
Twilio Stock has had a great run up to over $215. Two Insiders are selling stock over the last week, selling a combined 52,000 shares. The stock hit an all time high, and we might see some consolidation. We look at a couple technical indicators, specifically the RSI which is trending downwards, during this entire spike of the price. In fact, the price almost...