TWLO pulling back, watch for a reversal soon

22 февр. 2021 г.

Pulling back from an ATH, I'd expect a little more before a reversal. I'm interested to see what happens at the 20 day MA around ~395-390, assuming it gets there. The extreme case would be a test of the bottom trend line but that would require a drop of more than 10% from here so I'm not sure about that one. With ES and NQ down, might be good to be a little patient on longs.