TWLO trade ideas
TWILIO stays in the penalty box.Twilio has lost its appeal as many of the cloud kings have suffered a very poor performance in august.
Twilio has lost its crown to Shopify and Beyond meat as the darling of the stock market, many investors have rung the register post earnings which disappointed somewhat. Having the label of a growth stock when theat growth starts to show any weakness it spells disaster and panic among investors.
Twilio now has the task of luring back the growth hungry investor, earnings is 2 months away and we can't see any great bullish action until then.