TWLO has filled its gap on a big run-up, now that it has been filled it's likely price will retrace to levels of where the gap fill began, which is the 350 area.
TWLO just made a lower high and is still trending in a rounding down formation. Went from Green to Red on day and closed below moving averages where price now looks bearish. Looking for this to complete its round down to the 290 range.
NYSE:TWLO twlo showing amazing bottoming action here, 2 gaps to fill dont miss this train
i got put credits 290/300 for 4.2 each over last few days. Can go long targeting gap 1 and gap 2.
in the absence of a broader and more protracted sell-off in the NDX ...
Twilio looks to have a better chance of regaining its linear regression line (currently around $338 or so) ...
and lesser of a chance of retracing to last September's price levels (lower 220s).
Current price levels reflect more of a "risk-off" sentiment for cloud based companies that...
TWLO
This is another mean reversion trade.
Triggered entry on 05/10 Debit call spread 290/300 for 18 Jun 21 expiry.
This specific trade has overextension with reversal candle pattern (Bullish Engulfing) and also a possible gap trade for which price would come and cover previous gap. Let's see if it'll hold above $300 by expiration.
TWL0 broke above the 618 today. The green box should now provide support. I will be looking for a pull back to the green box for long entry or some consolidation and a break higher. Targets would be the 786 and 886 fib.
Inverted H&S breakout after a downtrend. Look good for a positional trade. Levels mentioned in the chart.
The Inverse Head-And-Shoulder pattern is an example of a bullish reversal pattern.The inverse head-and-shoulder pattern often shows up at the bottom of a move in the market.
I am in TWLO call options
April 30 expiration $385 strike.
My calls are bloody.
I did not cut my losses since the pull back was nicely at the 60% retracement level.
Losing this level may result in me facing facts and booking a loss, because theta will begin to burn more than the option can handle into next week.
Looking for a strong reversal by tomorrow or I...
This is just getting started.
It may take a few days to consolidate.
I entered and exited April 13 +$200, re-entered EOD on April 13th. I grabbed April 30 expiration and $380 strike
Head and should pattern on the daily. It would usually mean I would be looking for a short set up which it could happen. Look for the neckline to break to enter a shot.
Right now we are sitting on an important support level and the 200 EMA. I actually like this for a long set up with the fir PT shoulder level and 2nd PT head level. Stop would be under the neckline...
As I have shown to you guys in the chart, after breaking the purple cluster beside breaking the trend line, it is appropriate point to enter with good risk to reward ratio, If not, I wont enter the position.
-$TWLO had a breakout from broadening tops. With the positive market momentum the stock has been able to pick up some upside but possibly looking to trap bulls
-Rising wedge formation in the short term
-Bigger picture head and shoulders forming.
-Very competitive sector not to mention how its market cap has been increasing but earnings have been disappointing in...
