The ER went very well, it is not going for the triangle correction. I see this as a wave 1. This should go for the wave 2 corrections. I think this will fall to 0.5 fib level before going for the wave 3. Remember guys, This is my play on TWLO and I am using a very risky options strategy play here. Risk-management is highly adviced if you decide to go with this ...
The last week's Sell-off took down TWLO to its bottom-most support area, ruining the setup completely. At this time everything depends on its earnings so I am not playing this ER due to technical weakness as explained in the video. I am watching this like a hawk, you will see the reasons why in the video. Thank you for watching.
The ER is wild and the stock is relatively Volatile. The chart explains the setup. Maximize the chart or "Make it Mine" to analyze in the lower time frame. Manage your own risk. Round 4 Bull stocks: 1. BABA 2. GWPH (Yes still holding it) 3. BZUN 4. SNAP 5. TWLO Link to most of these are in the discription.
Since its initial IPO run and deflation since then, $TWLO has been consolidating well for the past year. On a weekly basis it is above its 8, 21 and 50 week averages. It is also looking great on a daily chart. Earnings are due out in 3 weeks but on a long term basis this might be the time to get involved with $TWLO.