Twilio Twirls

There are a few high-priced stocks that have completed right triangle patterns that I like, and I’ve mentioned Twilio (symbol TWLO) a few times last month. This is edging its way lower quite nicely.

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The substantial potential of this pattern can be seen more clearly with a view of its entire price history. The stock peaked a full eleven months ago, and it has already lost nearly half its value, but I think the selling is far from done.

(Click on image to enlarge)

Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...

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