aristocks

Momentum and Stochastic for $TWLO

Long
NYSE:TWLO   Twilio Inc.
GREAT momentum for this stock IMO!

I was able to get into the dip after missing the run up from 240!

The Company is well positioned to close the year strong as investing in CPaaS companies as technology and communication will continue to play a larger role in our lives going forward (thank you COVID-19).

Looking at the daily, you can see that some investors took advantage and reposition themselves, taking out some from $TWLO and putting them in more down beaten stocks probably. However, you can also see how quickly the stock recovered off the support around 240$.

Today is nearing to all time high! Will be looking at resistance level 282 and waiting for a breakthrough!


As usual, do your due diligence! Happy investing

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