Twilio finally showed some weakness and the selling was quite intense. we will be looking for along in the stock if things become more positive but will be aware $115 could be the buy level. Fundamentally the company is still in extreme growth and still has a relatively low market cap making it appealing for as a takeover target.
Asset and Time frame - 4 H, TWLO
Entry Price -125.70
Exit(Stop loss) -129.06
Exit(Take Profit) - 107.05
Range between SL and entry -3.36$
Technical Analysis -After a bearish engulfing candle broke the 0.618 Fibonacci daily level, the price started correcting with small and weak candles, and now the price has reached the C point to return the downtrend,also we...
For some reason TWLO price seems to tank whenever CMF spikes. Here we got what looks like may be a three drives pattern. 1.41 isn't a primary fib ratio, but it is a complementary ratio so could still be valid. Target of .618 retrace matches up with a convergence of channel/price/psychological support @ around 100.
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!
In my opinion we can sell a bit of TWLO to buy a bit later, looks that this stock has a great performance, but one problem is technological, as far im concern i do not understand anything of technological stocks as Buffet, for me they are tottaly overvalued, this company from the statments values less than 10 usd, and it is quoted more tahn 100usd, and has a good...