TWLO trade ideas
TWLO Gap UpBreaking out today could offer good move higher with this new IPO...like always use a good stop loss or risk management with the market at record highs we could go higher but also could reverse soon.
TWLO price actionTWLO is reaching the end of its consolidation wedge. Price point for bullish breakout is $42; sell point is $32. Big price action move coming on Tuesday, July 12th 2016. Gaps formed on the 28th and 29th of June have not been filled; as well as small gap on the 11th of July.
TWTR is also treading with Facebook and TWLOSince TWLO sells services to this companies I think this will be bullish the next week
TWLO trending with FB I think TWLO and FB tend to go in the same directions so its possible future news from facebook will take effect in TWLO stock
Fibonacci Retrace Targets Pullbacks are healthy, for this stock to remain bullish it needs to move down to .382 or .5
