Twilio Inc.
Long
Updated

$TWLO Cup with Handle Formation?

175
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.
Trade active
Opened a 1/2 position size @ 397.82 my stop will be 2 closes below the 8 ema

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