Tag: Twilio Inc.

Twilio Inc. Class A Stock Code TWLO.NYS

Outlook

Price managed to stay above the cloud during a price correction keeping the uptrend intact. Price also managed to hold above a previous support level, strengthening the uptrend call. Lagging Span is below price of 26 days ago but is above the cloud at the moment.  MACD remains bullish and is hinting at a bullish price trend. If price is able to stay above cloud, it could be heading towards the previous price high at $75.40 in the next 2-3 weeks.

Strategy                  

$62.90                Buy

$74.40                Price Target

$59.80                Risk Management Stop

3 weeks              Trade Duration

Twilio Inc. Stock Code TWLO.NYS

Outlook
Price broke above the cloud two days ago and this could be the start of an uptrend which could bring price back to the previous high at $405.86. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment. MACD has turned bullish and is moving higher and away from the zero line, hinting of a bullish price trend. Going by the Ichimoku E price projection, the upside has a price target of $408.40, which is just above the previous high of $405.86.

Strategy                  
$360.00              Buy
$405.00              Price Target
$329.00              Risk Management Stop
3 weeks              Trade Duration