TWLO potential long over 106

Just watching TWLO. Bounced at initial impulse low from the run up, looking to see if it can break above 106ish, then look to 110 to finish the cup. Potential reversal. Look to see if we can get through the 89EMA on the 4hr chart. Rejection of the 89EMA or failure to stay above the 200MA on the 60min could set up a possible short. First published chart, but what do you think?