The Long Investor

$TWLO - RC - WATCHLIST FOR A BREAKOUT

Added 2023-06-30 13:21:29 +0000 UTC

Ok a number of people have been asking for this and I am seeing people get excited about it online too, so now I see what the excitement is about.....there is certainly a potential for a breakout here to the upside from $63 now to $92.

This is very much a corrective move as it currently stands and if it stays in this bull flag, this could could break out and move potentially fast to complete Wave Y, this will then come back down in 5 waves....$TWLO has been downgraded a number of times over the last few months but there is something building here but I believe it is not an impulse wave, it may be a trade to catch.

I am not against this form of trading/investing, it is just not my main strategy and I know a lot of our traders will take advantage of this.

If this breaks down from the bull flag, the 200 Day, 50 Day and blue line are just below, if it fails to hold all three, this will come down to the bottom blue lines potentially.