TWLO to $293.51 pullback to Fibonacci retracement 0.618TWLO to $293.51 pullback to Fibonacci retracement 0.618 (month), then bouncing back towards it’s upward trend...
TWLO trade ideas
Twilio Nuzzles Old HighsEveryone knows about Zoom Video Communications , but Twilio is another cloud-based beneficiary of the coronavirus pandemic.
TWLO has had a trio of positive headlines this month:
10/2: Guidance raised
10/12: Acquires customer-data firm Segment
10/26: Earnings and revenue beat
TWLO has declined along with the rest of the market in the last two weeks. It’s now back around $285. That level was the old peak in August and its consolidation zone earlier this month before it sprinted toward $340. The pullback is also creating an oversold condition on stochastics.
Momentum followers may look for its upward continuation if the broader market stabilizes.
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updated chartwas already requested but ill update, red arrow was not updated from the last chart, still looking for a bit more downside.. maybe 10-20 dollars more dip before a 60 dollar run. good luck. leave a like <3
TWLO SnapbackTWLO is overextended and above 90 on stochastics making it overbought. It is also overextended on the bollinger bands. I'm expecting a snapback within the next day, it may have another positive day before the pullback.
great play!id look to go long here with a target of 350, then enter in some puts there! easy money ;) goodluck
The SaaS boom - Twilio at $40+ billion market cap!One company that I have always checked in on is Twilio. They send text messages on behalf of companies for two-factor authentication and other services like chat bots and custom messaging strategies for marketers or companies to communicate.
It is a cool company and it is definitely impressive. Hat tip to what they've started. And look at this boom. Now worth $40 billion.
They generate about $1.5 billion in revenue per year at the moment. So if you do the math, you can see they are trading somewhere in the realm of 30x-35x revenue. If they double their revenue in a year, they will be at at 15x revenue. If they double it again they will be at 7x revenue. And if they double it AGAIN they will still be at about 3.5x revenue. Those are some seriously bullish expectations and while maybe it is possible, I'm not sure I see the risk-reward here going forward.
Perhaps they could acquire some revenue and build new products to expand faster. However, that's also not talking about the rise of competition. Twilio is not the only company that does this. There are few big names emerging and as the tech becomes more known and understood, this should only increase with some companies potentially doing it themselves instead of using a third-party vendor.
Anyways, that's my quick report. Congrats to Twilio longs and the company in general. I am still watching it as I believe it is a good barometer for the SaaS space. But, my core takeaway here is I don't see the risk-reward to the long side and will be watching for some weakness to potentially make a small, calculated trade toward the downside.
Thanks for reading!
Twilio Looks to me like the current wave five is pretty much complete and we are about to see a corrective pattern next.
$TWLO Falling Wedge$TWLO has formed a clear falling wedge. Volume is declining as price pulls back. Set alerts on upper trend-line resistance for ideal entry point. First target $292 then new highs.
BTO $TWLO 10/9 $290c avg $4.20
TWLO on watchA lot of eyes should be on this one.
If it gaps tomorrow will probable wait for a pull back before entry.
TWLO (All Time High Soon)Based on my analysis:
1. TWLO breakout from double bottom with high volume (02 October).
2. Histogram Squeeze Momentum & MACD show bullish bias.
3. My first strong target to TP 307 USD, (2) 317 USD & (3) 329 USD.
Syeikh Hafiz
Stock Market Analyst
TWLO ATH BREAKTWLO broke ATH's after a massive gap up. potential targets if we break trough 295 - 300
TWLOa riskier dip buy with high upside potential, if the market cooperates i think this could rip back to 260 pretty quick, institutional interest
