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Posted On: 03/14/2017 10:23:24 AM
Post# of 75
Investors should be watching shares of Twilio Inc (NYSE:TWLO) closely for a possible inverse head and shoulder breakout. On the chart below, investors can clearly see the inverse head and shoulder pattern. The key is a break of the grey line which will trigger the blast off. The trend line sits at $35.00. This means that if the price of Twilio Inc trades above $35 it will shoot sharply higher within days to $44.00, completing inverse the head and shoulder pattern. Be on high alert if it breaks.
Stock chart inverse head and shoulder pattern on Twilio Inc
Stock chart inverse head and shoulder pattern on Twilio Inc
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I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.
