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
Based on my analysis:
1. TWLO breakout from double bottom with high volume (02 October).
2. Histogram Squeeze Momentum & MACD show bullish bias.
3. My first strong target to TP 307 USD, (2) 317 USD & (3) 329 USD.
Syeikh Hafiz
Stock Market Analyst
TWLO has found support and reversed of the 100ma while showing relative strength to its peers.
Indicators are in bullish reversal.
Volume is rising.
Potential long entry on break above the 20ma.
Short term targets $249-$258
