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SmarTrend Watching for Potential Pullback in Shares of Twilio Inc - A After 2.03% Gain

By Amy Schwartz

Twilio Inc - A (NYSE:TWLO) traded in a range yesterday that spanned from a low of $126.50 to a high of $130.15. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $127.78 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Twilio Inc - A share prices have moved between a 52-week high of $136.00 and a 52-week low of $35.89 and are now trading 261% above that low price at $129.74 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 1.3%.

SmarTrend is tracking the current trend status for Twilio Inc - A and will alert subscribers who have TWLO in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders twilio inc - a

Ticker(s): TWLO