TWLO broke out today and volume is tracking slightly above average. There are actually multiple breakouts on this chart...
1. Trend line breakout
2. Break above the 5ema
3. Break above resistance at 59.40
4. Break above resistance at 60.69
I like the 56.50 level as near term support. That is the point were the 5ema just crossed back above the 10ema and was yesterday's low.
1. Trend line breakout
2. Break above the 5ema
3. Break above resistance at 59.40
4. Break above resistance at 60.69
I like the 56.50 level as near term support. That is the point were the 5ema just crossed back above the 10ema and was yesterday's low.