Potential Setup$TWLO forming Cup and Handle pattern here
This may or may not be the breakout - setup looks good
Study the chart and do your own research before making any move
all the best
TWLO trade ideas
Watch for retestif software is weak again early this week look for retest of breakout, great r/r for calls from there
TWLO - Long Just started to learn how to read charts and wanted to share my POV on the upcoming next few days for TWLO. Do like if you agree with me and think i'm on the right path :) Thanks!
Twilio: Time to Watch: USAHappy Holidays
By Sun Storm Investment Research
A Profit & Solutions Strategy
TWLO long ideaTWLO, is a strong growth company. It is currently breaking out to new highs. The price is above the supporting moving averages with a buy signal.
TWLO at great move up, even breat all time highNYSE:TWLO
Well, TWLO just gave all the signals that it will keep going up
First of all, the phenomenon up trend that keeps going up for few months.
Second, Is the Fibonachi correction it did,
Last, and the most important, it broke the all time high some days ago, and stay above it!
As I see it, this stock will give me some ride up.
Not a very long term position, but defenatly worth it.
Trading this stock is by your own risk.
TWLO - Volume Build Towards 346TWLO is setting up for break of ATH.
If we clear 346 tomorrow we shall see 350.
$TWLO - just getting started I have played options on TWLO in the past two weeks, and picked up some nice returns (45-65%)
I think TWLO is just getting started. I am grabbing more options Monday and plan to watch for an exit using volume/news/quad witching.
Good luck to you!
Cup and HandleTWLO was trading in a bull flag pattern and did it was supposed to do..now has formed an intra-year cup and handle pattern..
Price is at the top of the bollinger band but the bands are in contraction, meaning a possible break one way or the other..
Relative strength is with TWLO..Monthly candle is bullish and the stock is not overbought on RSI..
Big volume spike at gap up pushing price up..No rising wedges in the yearly chart..surprise!
NV and OBV are up there and short interest is low..
I wish I had jumped on this one at the bull flag break out but I guess I can not buy everything! LOL
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. Targets are calculated using the depth of the cup...
Mid cup is at 298.25
Not a recommendation
Cup and HandleTWLO was trading in a bull flag pattern and did it was supposed to do..now has formed an intra-year cup and handle pattern..
Price is at the top of the bollinger band but the bands are in contraction, meaning a possible break one way or the other..
Relative strength is with TWLO..Monthly candle is bullish and the stock is not overbought on RSI..
NV and OBV are up there and short interest is low..
I wish I had jumped on this one at the bull flag break out but I guess I can not buy everything! LOL
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. Targets are calculated using the depth of the cup...
Mid cup is at 298.25
Not a recommendation
TWLO target 260-270 for C wave retracement, bullish if above 341Really overextended off the march lows, definitely want to see some type of correction. If it clears the wave 5 high, chart looks bullish, but I would like to see a retracement, anywhere in between 270 and 260 before it heads back up. Copyright Rohan Karunaratne 2020
TWLO LongIn long term uptrend
Wedge breakout + Revisit trendline
ABC Pattern target 380
Fib. Ext. 1.618 target 395
Entry 277
Stop 247
target 380
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Retest TimeIf TWLO doesn't hold above those two blue lines in a gap fill, will likely retest 1 HR 50 SMA. Otherwise, back up to red trendline. (or to infinity and beyond!)
Below 50 SMA 1 HR is the blue line it's following.
$TWLO rounded base formingStrong stock that might be putting in a base for its next leg higher. Flirting with the high set in november. Another couple days sideways here could do the trick and send the stock to test all time highs.
still some upsidesjust follow the arrows ;) still a bit of upside but it might get rejected off 52 w highs. id take profits soon and look for a dip entry. gl ! <3
ABC BullishAnd off it went!
Possible long term targets are 414 to 455..
Left stronger support levels behind her though so perhaps TWLO will go back to pick up her support system eventually..
OBV is high on daily/NV seems to be trying to perk up on daily but is high on hourly..
Monthly and weekly candles are bullish..
Earnings do not coincide with gap up mid September but perhaps there was other great news..not sure..anyway TWLO came back down and filled the gap (possibly an exhaustion gap which usually do fill/Comments welcome if you know what was up)...so there is support there at 277ish.
Short interest is mediocre and there are no rising wedges in yearly chart.
Enter at your own risk and be safe
Stronger S level seems to be at C ..also see S at 277ish and 286 to 288ish
Just an observation
