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Sep 24, 2020 9:19 AM

Upwork upside potential Long

Upwork Inc.NASDAQ

Description

We have seen 2 false outbreaks at NASDAQ:UPWK, but now the ADX is rising, +DI is positive, 20 day average is moving over a support, if it moves and stays (eod) over the resistance around 16,15 $ there is a lot of bullish upside potential. NASDAQ:UPWK has shown relative strength compared to the last days sell-off in TVC:NDX - in my opinion this is a nice stock setup, i will observe it

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Comment

UPWK outperforms NDX today, and is showing some relative strength - a bullish sign
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