Reasons for bullish bias: -Price is moving in an Ascending triangle on weekly - Trendline support - Price bounce from support - Positive Earnings - TP till major Resistance Here are the recommended trading levels: Entry Level(CMP): 59.99 Stop Loss Level: 56.98 Take Profit Level 1: 63 Take Profit Level 2: 67.65 Take Profit Level 3: 74.34
The winds of change are blowing through Twilio Inc., ( NYSE:TWLO ) as the company navigates a pivotal moment following the departure of its longtime CEO amidst pressure from activist investors. The latest earnings report from the software giant reveals a mixed bag of results, with revenue projections falling short of expectations and a strategic shift underway as...
Twilio lets companies converse with customers through text messages. The company expects to be profitable on a non-GAAP basis in 2023. But it already has a mk cap of $36.02Bil + 19% in the pre-market, it`s a 42.84 Mk cap for a non profitable company. How further the growth thesis go if Royal Bank of Canada has a Price target of $400 for it??? Even though it is...
TWLO is forming a short-term Rounding Top Formation with support nearby. There is some Dark Pool Quiet Rotation™ that is increasing the rounding action on this chart.
Twilio Inc. just crossed the 1D Rising Wedge to the upside (RSI = 64.940, MACD = 5.430, Highs/Lows = 3.6536) and has become very bullish on the medium term (STOCH = 74.055, STOCHRSI = 73.303, Williams = -20.473). This presents a very strong buy opportunity within the emerging Channel Up. Our TP is 145.00. ** If you like our free content follow our profile...