TWLO has sold of incredibly over the last several months and it's where some of my biggest winning trades have come from. I expect there's still more selling all the way to around $100 which is where it consolidated most of the latter part of 2019 after Cramer opened his mouth that Sept and TWLO dropped from $130 to $107 in a week. I don't even think TWLO's true value is at $100, in fact it's fair value is probably closer to $40. I expect another flush down to around $100 before we get a bounce. TWLO is up 7% today, so it is a great time to go short.
Not financial advice
Not financial advice
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.
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.