tylenisbobas

Slack Tech - target 25-30

Long
NYSE:WORK   None
Here is another beaten down stock after initial IPO with a large growth potential.
I really like their product in general but also their growth perspective is really promising. We see now higher lows and squeezing from this flag to the upside.
Again - it is after IPO so all the investment bank try to load all their stock on retail investors so gotta be carefull.

I would by some 3-4 month duration call options on the pullback with a strike price at around 24 buck, with a potential target of 30 after touching the 200SMA line on 4 hour chart.

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