TWLO trade ideas
Back on the UpswingThis is a long, daily MACD agrees. get in before swings back up to orange dotted or blue lines.
Long on supports, close weekly calls or short short term calls against in the mornings for short term trades.
Calendar call debit spreads.
TWLO - The Bull ContinuesI took this trade today with a breakout of a nice consolidation bull flag and retest with resumption. First target is $342 and second is $400. Nice momentum on the MACD in positive territory on the 8 hour chart.
This is not financial advice! Good Luck!
$TWLO Ready to Re-Take Highs?I've been watching $TWLO for sometime now. I like how it's acting and I'm taking a chance that it will re-test the old highs. The volume (run rate) in the first half hour of trading is running about 140% of normal. All TBD. I have a stop below today's low. It's gotta go or I'm out. Ideas, not investing / trading advice.
$TWLO - scalp or short playI like TWLO for a buy the open. I prefer to buy at $293.39, but the play may not show up. Not getting greedy, watch the first 5-15 min and make a decision, get in early - sell by 1pm ET
$TWLO nice move todayOver critical levels with today's push and MACD setup nicely. If it closes above cloud, lot more room, 314, 322. 288 should act as strong support
$TWLOHmm...Bull flag with diamond reversal could be juicy if we break above
(Not trading advice, for personal reference use with discretion)
$TWLO on Watch List$TWLO reported earnings on 10/26 and they beat. However, they guided lower than investors anticipated. This is still a strong stock and I believe a market leader. I'm hoping this will drop to the 50 day and find support but, it can do anything including turning here and moving up and breaking the short term down trend line or it could go down and fill the gap. I'll prepare a plan based on what $TWLO does in the near term. All TBD. Ideas, not investing / trading advice.
TWLO - Ebb and FlowDown today, but momentum should snap back up as this upward trend continues. From the squeeze momentum we have seen in the past that the stock rallies when we see a few dark red bars. Look for a big upward movement within the next few days.
Bull FlagNo rising wedges noted.
The upper trendline of the flag represents R
There are gaps below price
Gaps do not always fill, but the last one could be an exhaustion gap and these are more likely to fill
The lower one is what I think of as a take off or a break away gap. These are less likely to fill or could take a long time to fill. If the market or this stock has a major downturn, then support can lurk here
Pattern only valid at long entry level.
Just an observation
Breakaway gap
The breakaway gap describes a gap in price that gaps over a support or a resistance level.
The breakaway gap, thus, shows a trend continuation signal most of the time.
Exhaustion gap
The exhaustion gap usually happens during a trending period and can signal a reversal. Price makes one final gap in the direction of the trend and then reverses.
Continuation gap
Continuation gaps occur in the middle of trends. In an uptrend, a gap upwards signals a continuation and it shows that additional buyers entered the market to push price higher. Large ones should be watched closely
As the name implies, a common gap is nothing extraordinary and it can happen frequently without any major implications about further price movements.
Common gaps often occur when price is ranging. These types of gaps are not big in size and get filled relatively quickly.
Is TWLO drawing a rigtht shoulder after retracement?- Price is bouncing between 0.5 and 0.618 fibo
- Horizontal volume shows big interest of buyers in this zone
- Price can go a little bit lower in case of panic on the market
$TWLO Twilio Day Trade Targets
TWLO has had a huge recovery off the lows and has now reclaimed the 20MA momentum indicator.
HAs also crossed above weekly candle resistance @ $308 pre market.
Target $315.15 $322.71
TWLO, New SetupHunting wave B of this correction, small risk to be taken, nice reward.
Entry Points available.
$TWLO Twilio Inc Day trade Reversal targets
Potential for a reversal in TWLO in the coming days after the stock found some support
on the 50MA today and avoided the gap fill.
Short term targets as per chart.
The gap fill & Fibonacci Golden pocket must be kept in mind.
Measuring Profit Taking Pullbacks with StocksQuick 10 minute tutorial video on how to measure the recent pullbacks on stocks. Then use simple and repeatable tools to confirm the Elliottwave 4 pullback behaviour and ook for thos high probability 5th wave move.
This example is for TWLO but right now there are lots of stocks in the same situation running into the US Elections..
