Twilio seems to be broken out above a well-defined resistance zone around 137–138, signaling a continuation of its medium-term uptrend. The breakout occurs after a multi-week consolidation and confirms renewed upside momentum.
Price closed decisively above prior resistance with a strong bullish candle, indicating demand overcoming supply. The stock is trading well above its rising 50-day and 100-day moving averages, confirming a positive trend structure with higher highs and higher lows. Former resistance is expected to act as near-term support.
The breakout could open a momentum phase with limited overhead resistance. Follow-through buying is likely as trend and breakout traders enter on confirmation.
Entry around current levels 137–138. Stop-loss below the breakout level or the most recent higher low to protect against false breakouts.
Initial upside potential toward the low-to-mid 140s, with scope for further extension if momentum persists. Downside risk is defined and limited by the reclaimed resistance zone.
Conclusion
The technical setup supports a long position, offering favorable risk–reward in the direction of the prevailing trend.
Price closed decisively above prior resistance with a strong bullish candle, indicating demand overcoming supply. The stock is trading well above its rising 50-day and 100-day moving averages, confirming a positive trend structure with higher highs and higher lows. Former resistance is expected to act as near-term support.
The breakout could open a momentum phase with limited overhead resistance. Follow-through buying is likely as trend and breakout traders enter on confirmation.
Entry around current levels 137–138. Stop-loss below the breakout level or the most recent higher low to protect against false breakouts.
Initial upside potential toward the low-to-mid 140s, with scope for further extension if momentum persists. Downside risk is defined and limited by the reclaimed resistance zone.
Conclusion
The technical setup supports a long position, offering favorable risk–reward in the direction of the prevailing trend.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.