Twilio Inc TWLO shares are trading lower by $0.82 (2.8 percent) at $31.00 in Tuesday's session. The company will report Q4 earnings after the bell. Street estimates for EPS stand at $(0.06) on revenues of $73.92 million.
The issue has been a stellar performer in in 2017. It bottomed at a new all-time low of $25.98 on the first day of trading in 2017 and reached $32.42 on Monday. After a higher open, sellers stepped in just ahead of that high at $32.31 and some profit-takers have nudged the issue under $31.00 as $30.82 stands at the current low for the session.
Based on the daily charts, the next support may not come in until its February 3 low of $30.07.
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