Investors should be watching shares of Twilio Inc (NYSE:TWLO) closely for a possible inverse head and shoulder breakout. On the chart below, investors can clearly see the inverse head and shoulder pattern. The key is a break of the grey line which will trigger the blast off. The trend line sits at $35.00. This means that if the price of Twilio Inc trades above $35 it will shoot sharply higher within days to $44.00, completing inverse the head and shoulder pattern. Be on high alert if it breaks.
Stock chart inverse head and shoulder pattern on Twilio Inc