TWLO trade ideas
Inverse H&S/Complicated Bottom/Price verses Moving AveragesOdd chart as there are bullish crossovers of the longer term moving averages yet price is under all of them. The 50, 100 and 200 look good. The 20 does not look so hot.
Golden cross when the 50 SMA crossed up through the 200, but price does not really line up with the moving averages so go figure? Moving averages are lagging, price is not. Price is under the 20, 50, 100 and the 200 SMA. I even double checked to be sure I had the moving averages correct. To me price needs to catch up with it's averages.
Price has been through some Ws which seem to have brought some significant lows. Price does appear to be in a crooked M now.
Bearish divergence at last top as it does not match RSI at the 2 peaks. That would have more than likely corrected by now.
Long entry would be neckline with an uptrend in that direction. Strange chart. lol. Possible stop under 328 or lower depending on tolerance. If I were to buy this, this would be one I would contemplate a mental stop or a sticky note since earnings are not anytime soon!
If or when price breaks the neckline, it would hopefully become support. For now it is resistance.
No recommendation. Curious to see how this plays out.
TWLOTechnicals are looking weak for TWLO. Failed to overcome resistance at the fib 0.236 level. Now runs the risk of losing the 0.382 level, around $360 which opens the door for a test of the daily 200 SMA, around $353.
TWLO setting up a reversalKeep it on watch for breakout. If it does then you can try the 380c weeklies or the 385 with a little more time. Has a gap to fill above as well
TWLO seems bearishIt is very extended. The rising wedge on the daily time frame is broken and is being tested for the second time. Seems to be a reasonable short trade.
Cup and Handle Earnings 7-29 AMCIntra-year cup and handle pattern. Price is very close to breaking this pattern to the upside today. There is resistance at the rim of a cup due to price having to get past the prior level, or long entry level.
Yearly high 4577.30 and would be a break of a yearly cup pattern if price reaches that level.
Targets for this smaller cup would put you there, or close.
No recommendation.
TWLO Quarterly 2-2 Reversal - LONGPicked up some TWLO today off the quarterly break. Stop placed at red line 396.00 where the quarterly/monthly(these two are still linked right now) would turn back red. Shooting for 457.30.
$TWLO Still Working on HandleI jumped into this last week when it looked like it was emerging from the handle on this Cup with Handle formation. I was stopped out for a small loss. It's still on my watch list for a long. I like the idea of people getting shaken out (including myself) as when it does make a real move higher, most of the weaker hands will be out. Ideas, not investing / trading advice.
$TWLO Cup with Handle Formation?I missed getting into $TWLO around the $344 area when it exceeded the high just before the higher low (between 6/14 and 6/17).
However, it looks like it may be setting up for another low risk entry as it develops this handle or flagging pattern. I'll look for a "wick play" entry tomorrow if it opens in the wick area set today. I would also be more interested if it opens down tomorrow and then turns green for the day.
Proper entry on a cup with handle would be above the last high around $403.41 but I like to do early entries then add if can hold over the proper entry point.
Ideas, not investing / trading advice.
Cup but No True Handle YetI do not see a true handle and did not want to fake one. lol
I drew a green line where I see the closest strong support.
This is an intra-year cup as the yearly high is 457.30 which would put long entry at 457.40 to clear resistance.
Head and shoulders that did not fall far below the neckline followed by an inverse head and shoulders that broke the neckline already at approximately 342.52.
Head an shoulders patterns do not do well in a bull market. Inverse head and shoulders do well in a bull market.
No recommendation.
This pattern needs to mature a bit. Price is over the 50 day moving average and the 50 is on the flat side. The 100 is a bit flat and the 200 is sloping up (long term). The 50 is over the 200 but is below the 100 which is on top of both the 50 and the 200. The 20 is sloping up and just crossed up through the 50 which is bullish. In a perfect world, moving averages should be in chronological order with the lowest moving average on top.
Hopefully this will form a horizontal consolidation zone to call a handle.
Technical analysis is great and I use it a lot. But it is hard for me to enter a position if I have no idea about why Mr. Market would move my way. He surprises me a lot.
TWLO correction waveTWLO shows a solid impulks elliot wave, could be followed by an correction wave.
$TWLO - target 1 $328, target 2 $357Diamond bottom
Clear targets on gap fill
Positions: 290/300 10x 6/18 put credit @4.4, 40x 340/350 call debit 6/18 @1.1
Twilio (Short it)If your bullish on this breakout then your also bullish on the Nasdaq hitting news highs; Cant have one with out the other.
$TWLO 1D Bull-flag breakout - PT $5001) Broke out of bull-flag on the daily.
2) nice volume shelf drop-off at 400 - looks similar to SHOP when it got above 1300 last week and ran to 1450 quickly.
3) ER is 8/3, meaning the run up should come soon.
TWLO Gap Fill ReversalTWLO has filled its gap on a big run-up, now that it has been filled it's likely price will retrace to levels of where the gap fill began, which is the 350 area.
TWLO Round DownTWLO just made a lower high and is still trending in a rounding down formation. Went from Green to Red on day and closed below moving averages where price now looks bearish. Looking for this to complete its round down to the 290 range.
Chart looks healthy! BUY BUY BUY The pandemic has really accelerated our reliance on TWLO. It's a longer term hold for me. (Falling wedge pattern)
