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 trade ideas
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)
diamond reversal pattern on twloNYSE:TWLO twlo showing amazing bottoming action here, 2 gaps to fill dont miss this train
i got put credits 290/300 for 4.2 each over last few days. Can go long targeting gap 1 and gap 2.
TWLO oversoldin the absence of a broader and more protracted sell-off in the NDX ...
Twilio looks to have a better chance of regaining its linear regression line (currently around $338 or so) ...
and lesser of a chance of retracing to last September's price levels (lower 220s).
Current price levels reflect more of a "risk-off" sentiment for cloud based companies that outperformed in 2020, rather than a company performance issue.
Nevertheless, it's still in a downtrend and can remain oversold for who knows how long.
Head and ShouldersUgly top and has broken neckline.
Tech has pulled back so much I would think we could have a bounce up soon?
No recommendation
$TWLO mean reversion to the upsideTWLO
This is another mean reversion trade.
Triggered entry on 05/10 Debit call spread 290/300 for 18 Jun 21 expiry.
This specific trade has overextension with reversal candle pattern (Bullish Engulfing) and also a possible gap trade for which price would come and cover previous gap. Let's see if it'll hold above $300 by expiration.
