06/08/2020 – harmonics and patterns are amazing aren’t they … sheesh, look at this one that worked out. now, appears 5 waves are complete w/ projections and extensions showing “why” TWLO topped out … might be time to set this one aside, for now.
can’t believe it’s been roughly a year or so since I blogged about TWLO and used vector math and the Vesica Pisces to generate some targets. I was drawn to the 133-135 level. market went a little higher and since then has been getting beaten up pretty good ..
all that being said, it’s showing one of the ‘nicest’ buy patterns emerging in this chaos right now … and, gulp, it’s still about 30 percent lower to complete the pattern. so, let’s keep this on the radar in around 70-72
03/17/2018 – I was asked to do an update on $TWLO from a friend and noticed that it has continued to have amazing strength during the sell off a little while ago and during this rally. I also remember doing this intial $TWLO post and thinking, I should show readers/myself the length of the dashed purple price projection .. honestly, I was just too lazy.
Anyway, I went back today and redid the VP and wanted to show the scaling was completely different this time BUT the vectors still came out ‘pretty much’ around the same length …it’s fractal baby. that’s all I can say .. so, I pretty much wanted to show that scaling is ALWAYS an issue but if you do some of the work and the chart shows you it’s respecting’ish the work by support and resistance then go w/ it .. NEVER use the VP as a stand alone technique (I certainly don’t) but use it as affirmation that yes, the market does in fact vibrate and these vectors prove it. at least they do for me …
so, anyway, now you can see the purple vector and then I did some square of nine price and time work (just calendar days), did some patterns (3 drive to a top) and then, yes, (shoot me) I threw a little planet stuff in there looking for similarities in the IPO date and last Friday/Monday … find it interesting as we are approaching the Vernal Equinox, new moon/super moon we have a lot of ‘other’ stuff converging on Twilio ($TWLO)
as always, let me know if you have any questions. I would watch for a weekly SRC to potentially protect profits on this one .. mind you, it has, in the past, gapped up over these targets also. all probability.
My dear friend Larry from http://www.tradingtutor.com.com sent this over so I just fooled around w/ the Bladder of the Fish. The 3 drives looks nice AND the time and price of our vectors sure seems to point at resistance ahead!