$TWLO - Nears Corrective Decline; CROW Eyes 54.56 - 08 AUG 2018$TWLO - Nears Corrective Decline; CROW Eyes 54.56 - 08 AUG 2018:
Tentative count suggests near-completion of 5 wave impulse, pending correction
CROW Code suggests residual leg up to 77.78
TWO Possible Scenarios:
1 - Complete Wave Count:
Assuming tentative wave count completed at recent all-time-high, look for decline to 53.17, or CROW target: 54.56
OR
2 - If price breaches 77.25 high, CROW target will require further revision, but Elliott Wave principle would likely apply such that 53.17 vicinity would likely be revisited. A more precise CROW target would still require further revision.
David Alcindor