$TWLO – can the stock swing to 100% for the year?

TWLO, coming out of oversold, is on a buy signal for tomorrow’s open.

It is up 98% for the year to date on 21 swings, longs only, that have been 61% profitable. See the white flag on the lower left of the chart below for the closed profits per $100K committed to each trade.

This is a simple oversold/overbought swing-trading system for a stock on its own with no market factors in play. On market swing signals it is up 44% for the year (not bad). That it is outperforming the market signals is a sign of an exceptionally strong and consistent mover in this bull market.

(click on the chart for a larger view)

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