TWLO trade ideas
Daily TWLO stock forecast trend analysis 10-JUL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling fluctuations
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening buying flow when stock market opening.
READ MORE: www.pretiming.com
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 2.1% (HIGH) ~ 0.3% (LOW), 1.9% (CLOSE)
%AVG in case of rising: 3.0% (HIGH) ~ -1.1% (LOW), 2.1% (CLOSE)
%AVG in case of falling: 1.5% (HIGH) ~ -3.1% (LOW), -1.5% (CLOSE)
$TWLO Just to hot coming into earnings. Evening Star forming.Twilio has really out performed in the last year with very few pullbacks. It is a fantastic company but is now getting just a bit to risky for traders to be holding into earnings. Earnings are expected to be good but after such a surge in the stock it better be a blowout. Late FOMO money has kept the rally going but will be quick to abandon ship on any sign of weakness. The entire market is due a pullback and Googles sell off may have quite a negative impact in the coming days, and give the BEARS the opportunity to pounce.
TWLO 12.04.19 ShortAsset and Time frame - 4 H, TWLO
Entry Price -125.70
Exit(Stop loss) -129.06
Exit(Take Profit) - 107.05
Range between SL and entry -3.36$
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.
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.