TWLO trade ideas

LovingCC Updated 

Expecting a bullish move soon :) Moving on to Wave 3. Plan If possible to entry within the support level from 351.43 to 359.33 so that stop loss can be tighter. Wanted to get into a cheap butterfly option, but still learning which setup will be better. Any advise? Line in blue is the target amount shared from a fellow traders. Stop Loss 350 Price...

pkay24

On Daily chart - MACD curling, bounced off 200D and anchored VWAP.

lauralea

Odd chart as there are bullish crossovers of the longer term moving averages yet price is under all of them. The 50, 100 and 200 look good. The 20 does not look so hot. Golden cross when the 50 SMA crossed up through the 200, but price does not really line up with the moving averages so go figure? Moving averages are lagging, price is not. Price is under the...

Tom_the_Moon

(1) swing opportunity back to the re-test support (2) out of the downtrend

Trade_with_confidence

Technicals are looking weak for TWLO. Failed to overcome resistance at the fib 0.236 level. Now runs the risk of losing the 0.382 level, around $360 which opens the door for a test of the daily 200 SMA, around $353.

Option_Traders

Keep it on watch for breakout. If it does then you can try the 380c weeklies or the 385 with a little more time. Has a gap to fill above as well

Ashkan_OG

It is very extended. The rising wedge on the daily time frame is broken and is being tested for the second time. Seems to be a reasonable short trade.

harryjan Updated 

TWLO still has a 5th wave down to go

lauralea Updated 

Intra-year cup and handle pattern. Price is very close to breaking this pattern to the upside today. There is resistance at the rim of a cup due to price having to get past the prior level, or long entry level. Yearly high 4577.30 and would be a break of a yearly cup pattern if price reaches that level. Targets for this smaller cup would put you there, or...

jcrutcher

Picked up some TWLO today off the quarterly break. Stop placed at red line 396.00 where the quarterly/monthly(these two are still linked right now) would turn back red. Shooting for 457.30.

jaxdog

I jumped into this last week when it looked like it was emerging from the handle on this Cup with Handle formation. I was stopped out for a small loss. It's still on my watch list for a long. I like the idea of people getting shaken out (including myself) as when it does make a real move higher, most of the weaker hands will be out. Ideas, not investing / trading advice.

WfhtraderXx

Has room to fall but will need macd cross to confirm downtrend

jaxdog Updated 

I missed getting into $TWLO around the $344 area when it exceeded the high just before the higher low (between 6/14 and 6/17). However, it looks like it may be setting up for another low risk entry as it develops this handle or flagging pattern. I'll look for a "wick play" entry tomorrow if it opens in the wick area set today. I would also be more interested if...

lauralea Updated 

I do not see a true handle and did not want to fake one. lol I drew a green line where I see the closest strong support. This is an intra-year cup as the yearly high is 457.30 which would put long entry at 457.40 to clear resistance. Head and shoulders that did not fall far below the neckline followed by an inverse head and shoulders that broke the neckline...

TradeandGrow

TWLO shows a solid impulks elliot wave, could be followed by an correction wave.

AlphaJi Updated 

Diamond bottom Clear targets on gap fill Positions: 290/300 10x 6/18 put credit @4.4, 40x 340/350 call debit 6/18 @1.1

ContraryTrader

If your bullish on this breakout then your also bullish on the Nasdaq hitting news highs; Cant have one with out the other.

chrismhall1010

1) Broke out of bull-flag on the daily. 2) nice volume shelf drop-off at 400 - looks similar to SHOP when it got above 1300 last week and ran to 1450 quickly. 3) ER is 8/3, meaning the run up should come soon.