TWLO Bear PennantTWLO is trading in a downtrending channel. After breaking out of this channel, it gaps down. It finds support and begins to consolidate into a bear pennant formation. The pennant broke sending shares lower. We got a nice reversal candle today. This will likely lead to a retest of the consolidation. A short around $300 down to $260 seems possible if trend continues and 280 support fails again. Stop out just above the consolidation around 315.
TWLO trade ideas
needs to hold the retest! thats important🚨lovely downtrend breakout on twlo, currently testing recent downtrend resistance again but now its trying to act as support.
if it holds and rides this new trendline to the upside we can target 350/372! if it breaks back into the downtrend id close for a loss. like and follow for more, thanks💘
Go to the ATH!The stock started an upward movement, after falling on the release of the quarterly report. Breaking through 317 resistance level, closing the gap and going higher to 373, 404. Long-term investment.
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$TWLO recovery play....Still in the 11/26 $330 calls, now up 171% from $2.40 to $6.52... post earnings TWLO dropped 20% on pretty decent earnings numbers. It is still a market leader in it's industry, future growth company, part of ARKK investment fund, no analyst downgrades after earnings, price target from analysts of $430 average...holding
Close GapThe paper is recovering from the fall on the report. It consolidates above the support level. It can be taken with the expectation of closing the gap.
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TWLO - Weak one, good time to short!-Earnings are forecast to decline by an average of 7% per year for the next 3 years
-Currently unprofitable and not forecast to become profitable over the next 3 years
-Significant insider selling over the past 3 months
-Shareholders have been diluted in the past year
Our opinion is to short in small amounts this one. Target: $84