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Twilio Inc - A Crosses Above its 10-day MA (TWLO)

By Shiri Gupta

Today, shares of Twilio Inc - A (NYSE:TWLO) have crossed bullishly above their 10-day moving average of $113.54 on a volume of 2.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Twilio Inc - A share prices have been bracketed by a low of $35.89 and a high of $150.44 and are now at $115.58, 222% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.9% while the 200-day MA has risen 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Twilio Inc - A on August 5th, 2019 by issuing a Downtrend alert when the shares were trading at $124.42. Since that call, shares of Twilio Inc - A have fallen 9.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses twilio inc - a

Ticker(s): TWLO