TWLO trade ideas
TWLO longthis TWLO looks like it can just squeeze higher considerably. earnigs were good so far and lockup expired on friday. decent price action confirming the trend continuation break out. To me it looks like it could easily really to 40ish given the fact that a tremendous stack of shares is sold short. And as if that wasnt all, the 50dma is gonna turn positive shortly if current levels hold which is overall bullish
went long at the open at 33ish looking to add more if it bases nicely
TWLO Long rebound with trend reversal chance waited patiently and entered long TWLO here for 27$
rsi higher low double bottom but price on lower low, indicates that hidden bear div is resolved, wyckoff spring with low volume, there is no interest in selling for this price anymore so price going to get chased higher
great risk reward aiming 32$+
