Earnings breakouts are some of the most powerful movements in the stock market.
TWLO a couple weeks ago had a massive move on an earnings beat.
We have had a nice orderly consolidation in this name since the earnings. The range has tightened and allowed the moving averages to coil up under the stock. This provides POWER and the basis for explosion.
We are breakout here to highs. This looks like it can be a swing trade for a multi day run and a next leg up.
TWLO a couple weeks ago had a massive move on an earnings beat.
We have had a nice orderly consolidation in this name since the earnings. The range has tightened and allowed the moving averages to coil up under the stock. This provides POWER and the basis for explosion.
We are breakout here to highs. This looks like it can be a swing trade for a multi day run and a next leg up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.