Workiva Inc. (
WK) has just broken out of a symmetrical triangle pattern, signaling a potential bullish continuation. The breakout happened above the descending resistance line, with strong momentum building over the last sessions.
• Entry Zone: Current breakout around $82
• Profit Target: $91.20 (approx. +11.5% upside)
• Stop Loss: Below $78 (to protect against false breakout)
The ascending support trendline continues to hold well, showing higher lows and strong accumulation. If the momentum sustains, this setup favors a move toward the $91 zone.
WK) has just broken out of a symmetrical triangle pattern, signaling a potential bullish continuation. The breakout happened above the descending resistance line, with strong momentum building over the last sessions.• Entry Zone: Current breakout around $82
• Profit Target: $91.20 (approx. +11.5% upside)
• Stop Loss: Below $78 (to protect against false breakout)
The ascending support trendline continues to hold well, showing higher lows and strong accumulation. If the momentum sustains, this setup favors a move toward the $91 zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.