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

By David Diaz

Today, shares of Twilio Inc - A (NYSE:TWLO) have crossed bullishly above their 10-day moving average of $85.09 on a volume of 226K 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.

Twilio Inc - A share prices have moved between a 52-week high of $87.50 and a 52-week low of $22.80 and are now trading 278% above that low price at $86.24 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.9% while the 200-day MA has risen 2.5%.

SmarTrend recommended that subscribers consider buying shares of Twilio Inc - A on August 7th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $74.78. Since that recommendation, shares of Twilio Inc - A have risen 13.4%. We continue to monitor TWLO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses twilio inc - a

Ticker(s): TWLO