Beautiful price action around those fib levels. Closed 2 cents below the 0.618 at 264.47, if it opens above and holds it should move towards the .786 fib level at 288.56 over the course of the next week. It tried to break and failed at this level on August 3rd 2020. After recent explosive movements from other cloud stocks, 
TWLO may follow suit.
TWLO may follow suit.Trade closed: stop reached
Originally breaking out of the cup, this came down with market weakness and cloud pullback. Re-testing the fib at 209.90 or basing above at 231.13 may present. better entry. Failing to recapture the fib above may present a short opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.