Nov. 14 at 3:32 AM
$TWLO: The last close at
$123.99 indicates a bullish sentiment, supported by an RSI of 61.29, suggesting momentum is building but not yet overbought. The price is above both the 30-day moving average (MA30) of
$116.71 and the 50-day moving average (MA50) of
$111.76, indicating a strong upward trend. The recent high of
$138.18 presents a potential resistance level, while the low of
$98.44 establishes a solid support base.
Directional bias is bullish due to the price action above key moving averages and the RSI indicating strength. Suggested entry is at
$124.50 to capture upward momentum. Set a stop loss at
$119.00, just below the MA30 for protection. Target 1 is
$130.00, near the psychological level, and Target 2 is
$135.00, approaching the recent high.
This plan aligns with the current market context and technical indicators, providing a structured approach to trading
$TWLO. https://privateprofiteers.com