TWLO is in the process of forming the handle formation in the bigger pattern of the cup and handle. The range of the handle is about $15. Typically the breakout potential is similar to the range of the handle pattern, which perfectly coincides with upward resistance at the $148 level. The risk reward on this particular pattern is really good showing over 4:1.
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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.