Here’s a TWLO day trade.
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TWLO was a leadership stock in a strong group. It steadily trended up for a few months and then settled into a range. It broke out near 133 but then fell hard the next day. That wasn’t a great sign, but overall the chart still looked good, so you gotta keep it on your radar.
Zooming in with a 5-min chart, the next day the stock gapped up and traded volatily while getting supported by both its 21 EMA and 50 MA. There was a low risk entry near 124.5. If you wanted the stock to prove itself, there was another entry at a higher level when the stock tested the 21 as shown. The trade was good for 3-6 points, depending on the entry. You only need one good trade each week to make it in this business.
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