Last year, I frequently mentioned Twilio (NYSE:TWLO) as an appealing short sale based on its extraordinarily high valuation and its right triangle topping pattern. That played out beautifully for many months, and now it has done an eye-poppingly good job at sealing up its gap. I’d say we can close this a winner!
I will say that I’m holding a number of stocks in my bearish portfolio (is there any other kind? which resemble TWLO but are, I believe, a long way off from finishing their own journeys!