TWLO trade ideas
$TWLO slight gap to ATH see if holds has some room here to 155Open gap to ATH If this can hold gap could have some trade value
TWLO breaking out of double support?Twilio potentially breaking our of double support areas. Bullish on SaaS.
TWLO LongTWLO
Entry : 83.80
Target : 115 +
Holding Period : 5 to 8 months
Stop Loss: 68 ishh... but I would keep it wider for now.
TWLO hammer formed on chart... UPside aheadHammer confirmed for reversal. TWLO could move up to 135. 25 Day EMA cutting below 5 day EMA. Strong momentum up expected.
$TWLO Just to hot coming into earnings. Evening Star forming.Twilio has really out performed in the last year with very few pullbacks. It is a fantastic company but is now getting just a bit to risky for traders to be holding into earnings. Earnings are expected to be good but after such a surge in the stock it better be a blowout. Late FOMO money has kept the rally going but will be quick to abandon ship on any sign of weakness. The entire market is due a pullback and Googles sell off may have quite a negative impact in the coming days, and give the BEARS the opportunity to pounce.
TWLO on watch for MondayTWLO held the 50 sma as mentioned in my previous post. It tested the 50 one more time and is now pushing to new highs.
Will watch for high volume breakout .
TWLO 12.04.19 ShortAsset and Time frame - 4 H, TWLO
Entry Price -125.70
Exit(Stop loss) -129.06
Exit(Take Profit) - 107.05
Range between SL and entry -3.36$
Technical Analysis -After a bearish engulfing candle broke the 0.618 Fibonacci daily level, the price started correcting with small and weak candles, and now the price has reached the C point to return the downtrend,also we have a confirmed resistance trend line from the last high at 136.
Why not enter the trade - The 100&200 SMA are in the way.
What can be improved -
Conclusion & End of Trade -
$TWLO LOOKING FOR A LONG, LONGTERMTwilio finally showed some weakness and the selling was quite intense. we will be looking for along in the stock if things become more positive but will be aware $115 could be the buy level. Fundamentally the company is still in extreme growth and still has a relatively low market cap making it appealing for as a takeover target.
TWLO Watching the weekly close tomorrow.TWLO A weekly close above the 9 week ma tomorrow will make todays drop seem benign.
TWLO breakout planWithout more volume coming in I would expect a scenario with a pullback first and a breakout after. That would also fill the gap.
Three drives?For some reason TWLO price seems to tank whenever CMF spikes. Here we got what looks like may be a three drives pattern. 1.41 isn't a primary fib ratio, but it is a complementary ratio so could still be valid. Target of .618 retrace matches up with a convergence of channel/price/psychological support @ around 100.
Twilio: A strong stock pick.Twilio Inc. just crossed the 1D Rising Wedge to the upside (RSI = 64.940, MACD = 5.430, Highs/Lows = 3.6536) and has become very bullish on the medium term (STOCH = 74.055, STOCHRSI = 73.303, Williams = -20.473). This presents a very strong buy opportunity within the emerging Channel Up. Our TP is 145.00.
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