Twilio Inc (TWLO) – Cloud Communication Soars – October 23rd, 2020

The bullish DailyPlay for Friday, October 23rd is Twilio Inc (TWLO). TWLO has rallied 26.3% in the last month and its 1M trend turned bullish on September 25. 

Fundamental View 

  • Organic revenue expected to grow 30%+ for the next 4 years. 
  • Expansion into adjacent markets by developing new products such as Twilio Flex, Twilio Frontline, and Twilio Video WebRTC. 
  • Earnings October 26th (4 days) – After Market Close

Technical View – IV Rank 44%

  • A pullback towards $285.00 support provides an ideal long entry
  • Very Strong relative strength score (10 out of 10)
  • Both 1M and 6M trends are bullish