iBankCoin
CAPS LOCK IS CRUISE CONTROL FOR AWESOME
Joined May 7, 2012
118 Blog Posts

$TWLO Gartley?

The Gartley Pattern: 70% of the time it works every time.

Buy at ~60 with tight stop maybe at 58. Sell at 64 to complete C. Buy at ~$58 with stops at $53.5 and hold for next leg up.

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2 comments

  1. probucks

    Don’t you want to see more confirmation? 40% of the pattern is still illusive…. TWLO hit “C” first and then retrace back down to “D” before predicting the move to $70?

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    • en1gma

      Yes, I would usually be more patient. It looked like a possible early formation so I blogged to keep me honest about what I’m seeing in market, accurate or not.

      Considering their news from Friday and afterhours price this possible setup is dead already.

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