UPWK was fighting to stay alive, trailing along it's support zone at 42ish. It held and since has busted out of the Feb downtrend and has been making a comeback.
Yesterday regained it's 50 day SMA and that's good, it's going to need some strength to get through next area of selling pressure - a push past 50 would be one sure sign this is making a formal move for new highs.
Yesterday regained it's 50 day SMA and that's good, it's going to need some strength to get through next area of selling pressure - a push past 50 would be one sure sign this is making a formal move for new highs.
Comment:
Got dragged back down, didn't pass the hurdle!