Last year, I frequently mentioned Twilio (TWLO) as an appealing short sale based on its extraordinarily high valuation and its right triangle topping pattern. That played out beautifully for many months, and now it has done an eye-poppingly good job at sealing up its gap. I’d say we can close this a winner!
I will say that I’m holding a number of stocks in my bearish portfolio (is there any other kind? which resemble TWLO but are, I believe, a long way off from finishing their own journeys!
