$TWLO - Symmetrical triangle break downThe price has broken down from symmetrical triangle. The max break down target is $152.
The pattern breakdown can reverse when the price reaches around 50% of the break down target which is $217.
However if the price can stay above $263 and continue to break above $306 it could form a single bust pattern.
Target 1 - $217
Target 2 - $152
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
0LHL trade ideas
TWLO - Definitely Dropping!-We are going to keep this post super short. Just watch the companies alike such as: QS, ALF, Zillow, and many others which are unprofitable and are hyped up!
-What is going to happen next year that will damage these unprofitable roaches? Well, first of all, interest rates will rise which will of course damage these ones as they depend solely on cash reserves and loans. To put it better in words, their whole financial existence will be damaged.
-Will they face bankruptcy or disappear from the face of the world? No, of course, no, but short-term there is going to be blood guys. U.S consumers are dead, the Christmas season in the malls is dead, no one is spending. Inflation is breaking the backbone of small businesses. Many restaurants that our company Packart Inc USA works with for their daily supplies tell us that they are at the break-even or broke.
-So yeah, down the hill baby!
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 $260 seems possible if trend continues and 280 support fails again. Stop out just above the consolidation around 315.
needs to hold the retest! thats important🚨lovely downtrend breakout on twlo, currently testing recent downtrend resistance again but now its trying to act as support.
if it holds and rides this new trendline to the upside we can target 350/372! if it breaks back into the downtrend id close for a loss. like and follow for more, thanks💘
Go to the ATH!The stock started an upward movement, after falling on the release of the quarterly report. Breaking through 317 resistance level, closing the gap and going higher to 373, 404. Long-term investment.
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$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