Sunday, August 12, 2018

How  I  Traded  $TWLO  For  +23.50%  in  5  Weeks



I had identified  $TWLO  on June 17th blog post as one of the 15 leading Growth Stock.  Market was correcting at that time and it was not the ideal time to take a position in the stock.  Market went into a  'Confirmed Uptrend'  as of July 6th and that was the signal to initiate a position on the stock.  That is how I  TIME  the market.  One must always buy something on a  'Follow Thru'  day according to Mr. William J O'Neal (Founder of Investors Business Daily).  Here are the details of the how  $TWLO  stock was handled for 5 weeks to attain a profit of  +23.50%. 

  1. $TWLO position was taken at the market open on July 6th   'Follow Thru'  day at  $56.87.
  2. Trade Plan was for a  +10%  profit target at  $62.56
  3. Loss target was for - 4%  loss at  $54.60
  4. Profit target was met on July 17th (8 trading days) and 1/2 the position was closed out to mitigate the risk.
  5. Earnings was on August 7th.  Held the 1/2 position to benefit from earnings spike.  The last 2 earnings on Feb 14th and May 8th, the stock had gained more than  +20%  within days of earnings release.
  6. Trade plan for the rest of the 1/2 position was to close out at +20%  from the high on July 17th when the first 1/2 position was harvested for a  +10% gain.
  7. August 9th - 2 days after the earnings release, the entire position was closed for  +20%  gain at $78.00
  8. Total cumulative profit in the trade was  +23.50%  in 5 weeks.
  9. For comparative purposes, the leading index  $QQQ  did  + 4.96%  in the same time frame.
  10. $TWLO  Out Performed the leading index  $QQQ  by  4.7  times.
 $TWLO has attained a performance of  +166%  since the  'Follow Thru'  day on Feb 14th.  Stock has gone up from $29.09  on Feb 14th to  $77.49  on August 10th (6 months).
Growth stocks have the momentum because institutions are the ones that drive the price of the stock higher. 


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Enroll in our  "Mentoring Program"   There are just 3 spots left for the August/September classes.   Reserve your spot now.  It will be on a first come basis.  Last quarter is traditionally the best quarter in the market.   If your portfolio isn't  + 13.6%  year to date than seek help and don't let the uptrending market get away from you.  Don't procrastinate and take control of your financial future.   Your financial advisor or the hedge funds and mutual funds are not doing you any favours.  They charge you a fee without any guarantee that your investment will out perform the leading index.  You can do much better than the professional money mangers.  Follow me and learn from me 

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Happy Trading!

Amin


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