Buyable Gap Up - TWLO update - using 620 lines

Published : August 9 2016 at 11:27 ET

TWLO had a buyable gap up at today's open but as mentioned in the earlier report, one can use the 620 to guide any entries into TWLO.

BGUs carry this risk. A 620 that does not crossover can keep one out of trouble in buying a BGU prematurely.

In the chart below on TWLO, 1430 is the market open due to the time difference. As one can see, the 6/20 lines never crossed back up, thus one could have chosen to avoid entry into TWLO.

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