Quick 10 minute tutorial video on how to measure the recent pullbacks on stocks. Then use simple and repeatable tools to confirm the Elliottwave 4 pullback behaviour and ook for thos high probability 5th wave move. This example is for TWLO but right now there are lots of stocks in the same situation running into the US Elections..
The ER went very well, it is not going for the triangle correction. I see this as a wave 1. This should go for the wave 2 corrections. I think this will fall to 0.5 fib level before going for the wave 3. Remember guys, This is my play on TWLO and I am using a very risky options strategy play here. Risk-management is highly adviced if you decide to go with this...
The last week's Sell-off took down TWLO to its bottom-most support area, ruining the setup completely. At this time everything depends on its earnings so I am not playing this ER due to technical weakness as explained in the video. I am watching this like a hawk, you will see the reasons why in the video. Thank you for watching.