I missed getting into
TWLO around the $344 area when it exceeded the high just before the higher low (between 6/14 and 6/17).
However, it looks like it may be setting up for another low risk entry as it develops this handle or flagging pattern. I'll look for a "wick play" entry tomorrow if it opens in the wick area set today. I would also be more interested if it opens down tomorrow and then turns green for the day.
Proper entry on a cup with handle would be above the last high around $403.41 but I like to do early entries then add if can hold over the proper entry point.
Ideas, not investing / trading advice.
However, it looks like it may be setting up for another low risk entry as it develops this handle or flagging pattern. I'll look for a "wick play" entry tomorrow if it opens in the wick area set today. I would also be more interested if it opens down tomorrow and then turns green for the day.
Proper entry on a cup with handle would be above the last high around $403.41 but I like to do early entries then add if can hold over the proper entry point.
Ideas, not investing / trading advice.
Trade active
Opened a 1/2 position size @ 397.82 my stop will be 2 closes below the 8 emaIdeas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.