TWLO oversoldin 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 outperformed in 2020, rather than a company performance issue.
Nevertheless, it's still in a downtrend and can remain oversold for who knows how long.
TWLO trade ideas
$TWLO mean reversion to the upsideTWLO
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.
TWLOO looks good for a long positionInverted 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.
$TWLO - nice back test and landingI 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 am cutting my losses.
Today is opex so I try to avoid making decisions on opex day about cutting a call, because it can reverse quickly the next day to mitigate the size of my loss.
Let's see what it does. It likes to march into earnings - I just do not know if I cut the expiration choice too close.
TWLO 1DHead 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 for a great risk to reward play.
$TWLO Broadening tops rejection, massive 30% loss incoming? 4HR-$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 the past quarters
-Weekly bear flag forming with negative divergence
-MACD close to start negative divergence on the 4hr
-Looking at the following levels for the downtrend:
- $373 first minor support to break
- $362, from here I'd start expecting some bounces but slow downtrend towards $358
- $350 key level before entering the massive gap, once this gets lost then some serious downside can aim towards an extended move to $325
- $300 lows. This is a major key area to break so It'd expect choppiness and bounces. Once this get lost the measured move for a 30% can lead this stock to $275
-Not every single level will get easily broken and they just wont jump from one to another. Remember each red day is opportunity to buy so don't be amazed if you see it going up/consolidating after it reaches those levels
-Treat one level at a time and always keep up with news as news can throw away any technical analysis
BUY $TWLO - 03.01.2021Stockonomy Weekly Pick 03.01.2021
TWLO has been a hot stock this year and will look to continue its uptrend through March.
Price pull back to key levels + extreme StochRSI should represent a good entry.
"Twilio Inc., together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher level communication logic needed for nearly every type of customer engagement, as well as enable developers to embed voice, messaging, and video capabilities into their applications. The company was founded in 2008 and is headquartered in San Francisco, California." (Yahoo Finance)
TWLO pulling back, watch for a reversal soonPulling back from an ATH, I'd expect a little more before a reversal. I'm interested to see what happens at the 20 day MA around ~395-390, assuming it gets there. The extreme case would be a test of the bottom trend line but that would require a drop of more than 10% from here so I'm not sure about that one. With ES and NQ down, might be good to be a little patient on longs.
$TWLO with a bullish outlook after its Earnings #stocksThe PEAD projected a bullish outlook for $TWLO after a positive under reaction following its earnings release placing the stock in Drift A
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Twilio (TWLO) Trend line and support bull daily candle bounce. Pulling back for good entry. Ideally go in to hourly chart for bull signal for entry otherwise trade is isn't yet valid) But I don't know how to post MTF charts.
Breaks support / TL = Up Direction Bias ends and it'll consolidate before choosing a direction
At swing high take off some of the position and let the rest fly with a stop in place at lower swing level.