After a brutal drop from $150 to $90, TWLO has found its feet. After breaking through the descending trendline, the stock has continued to find support at the new ascending trendline that was formed in early November. What we need to see now is a breakout above $100. If that happens, I'd be buying hand over fist.
Trade closed: target reached:
Bought at $100.30, sold at $120.49 for a 20% gain.