Twilio Inc (TWLO - NYSE) - Impulse wave patternTwilio Inc (TWLO - NYSE) is in impulse wave pattern in 2 hr time frame. It is in 4th wave correction, but it is difficult to say that it is over or not, it may take the structure of triangle, or complex. But it is highly likely to make new high to complete the sequence. In weekly it is in its 5th wave up move. So its a good buy trade.
TWLO trade ideas
TWLO 180 danger! Head and Shoulders, declining RSI, Vol, BBsAfter a massive gap up, TWLO seems to be forming a bit of a head-and-shoulder type formation. My read: large confluence of factors implying 180 is a key level to hold. Failing to hold this 180 level would activate this trade.
Given the neck-to-head-peak of 210-180 = $30, this gives a projection for downside to $150 from the neckline value around 180. This is extra interesting looking because this marks the start of it's large gap up move last month. Failing to hold that gap would be doubly extra interesting again give a $30 gap fill, putting it back to $120.
This ~180 level is also near the bottom end of the bollinger bands on daily and monthly charts, where we see the bands compressing suggesting a move could be here in the next couple weeks. I see also a declining RSI reading on this move coupled with lower volume again suggesting some underlying weakness could be here soon.
Note: Fundamentally I like this name, it just feels it may be a little ahead of itself.
TWLO: Twilio is weak: shorting.Twilio has first shown sign of weakness of May 26, and despite a quick recovery on a drop the following day, weakness ensued the following week.
Conditions have been met and trade will be active soon as market opens.
Stpp loss on limit or on change in market conditions.
Target $165
TWLO Upside price destinations based on fibonacci levelsBased on recent major price swings I used the fibonacci tool on the chart to predict possible price destinations in an uptrending action for this stock. Going long from this level requires some risky trailing stop distance from price action due to the volatility.
Big monthly candle could signal big reversalTwilio is a great platform, but it's still yet another cash burning technology company with a long way to go on being FCF positive. I've certainly seen worse balance sheets, but they have funds and may be able to make it work out over a longer time frame. Last month was one heck of a month for the stock and it's arguably in bubble territory along with many other PaaS organizations.
It's going to take some time for this one to play out, but a rally month in May could lead to a basing month in June and then depending on market sentiment a drop in July. No position yet, best thing to do for now is set some alerts for price movement and see how it plays out.
Twlo bounce play
What is TWLO?
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.
Entry $180
Target 185
stoploss 177
Great potential that TWILIO will go upHello people, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. TWILIO gives a strong bullish signal it is possible to go up above the buy zone.
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TWLO - This looks like it got distributed alreadyI am seeing two frowns already on this stocks. Big signs of distribution phase. Seems to also complete and inverted cup and handle pattern. If TWLO gets below 100, this will be the signal to take the price transition seriously.
Will short when prices break below 90 and hold below it. Near term target of 78 with a longer term tagert of 65. This stock is alread dead in the water.
TWLO Cup and HandleTWLO is in the process of forming the handle formation in the bigger pattern of the cup and handle. The range of the handle is about $15. Typically the breakout potential is similar to the range of the handle pattern, which perfectly coincides with upward resistance at the $148 level. The risk reward on this particular pattern is really good showing over 4:1.