A Real Money subscriber asks whether Twilio ( TWLO) is attractive now. In our review of Twilio earlier this month on Nov. 16 we wrote that "I assume that traders have been stopped out. The charts have not yet improved enough to warrant a new long position. I recommend a sidelines position for now."
Let's check and see if anything has changed for the positive. 
In the daily bar chart of TWLO, below, we can see that the shares have continued lower. TWLO has clearly broken below the May and late October lows. The slopes of the 50-day and 200-day moving averages remain negative (bearish).
The On-Balance-Volume (OBV) line is still bearish. The Moving Average Convergence Divergence (MACD) oscillator is weak.
In the weekly Japanese candlestick chart of TWLO, below, we see a pattern over the past 18 months that I would call a major top formation. Prices have rolled over for months and are breaking the "neckline" along $275 or so.
The weekly OBV line is bearish and so is the MACD oscillator.
In this daily Point and Figure chart of TWLO, below, we can see a downside price target in the $195 area.
In this weekly Point and Figure chart of TWLO, below, we can see a downside price target in the $187 area.
Bottom-line strategy: Fundamental analysts may find a stock more attractive at a lower price point but technical analysts want to find a stock with a base pattern and signs of aggressive buying. I do not find that on TWLO so I will continue to recommend avoiding purchase. There lots of other stocks out there...
