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Twilio Inc - A Rises 3.33% on Heavy Volume: Watch For Potential Pullback

By David Diaz

Twilio Inc - A (NYSE:TWLO) traded in a range yesterday that spanned from a low of $126.41 to a high of $131.30. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $123.00 on volume of 2.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Twilio Inc - A on November 28th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $88.90. Since that recommendation, shares of Twilio Inc - A have risen 42.6%. We continue to monitor TWLO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Twilio Inc - A have traded between a low of $35.89 and a high of $130.45 and are now at $130.33, which is 263% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 1.1%.

Keywords: rebounders twilio inc - a

Ticker(s): TWLO