Twilio Twirls

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There are a few high-priced stocks that have completed right triangle patterns that I like, and I’ve mentioned Twilio (symbol TWLO) a few times last month. This is edging its way lower quite nicely.

TWLO

The substantial potential of this pattern can be seen more clearly with a view of its entire price history. The stock peaked a full eleven months ago, and it has already lost nearly half its value, but I think the selling is far from done.

slopechart TWLO