BullBear Trading: Stock and Financial Market Technical Analysis

Exact Top On Twilio Inc Calculated, Still A Monster Move To Go $TWLO

Using a measured move method, I calculated the probable top on Twilio Inc (NYSE:TWLO). The stock will continue to squeeze higher until $83.00. The current price is $69.75. The method used is simple when you have a daily chart that has a big move higher, then a long consolidation pattern and another big move in progress. Simply take the low to high of the first move (on TWLO approximately $30) and add that amount to the low of the next move in progress. The low of the current move on TWLO is $53, plus the $30 equals $83.00. This is the target max move high. Note the chart for a visual representation.

By Pro-Trader Anthony Jackson

Views: 22

Comment

You need to be a member of BullBear Trading: Stock and Financial Market Technical Analysis to add comments!

Join BullBear Trading: Stock and Financial Market Technical Analysis

Join BullBear Traders

 
Free 30 Day Trial
No Credit Card Required

SUBSCRIBE
 

Steven Vincent's market analysis is published on:

MarketTechnicalAnalyst
FeedTheBull - Top Stock market and Finance Sites
Steven Vincent's opinion is polled every week for the Birinyi Associates
TickerSense Blogger Sentiment Poll

© 2017   Created by Steven Vincent.   Powered by

Badges  |  Report an Issue  |  Terms of Service