$WORK forming a bullish descending megaphone and is really just whipping between resistance and support bands of this pattern.
Looking for $WORK to hold $25 and push up to $30. One of my favorite trades currently.
Keep the purple circle in mind for first target at $26.50 — that trend-line will be important to break to hit our higher target of $30
BTO 12/18 $30c avg $.88
Looking for $WORK to hold $25 and push up to $30. One of my favorite trades currently.
Keep the purple circle in mind for first target at $26.50 — that trend-line will be important to break to hit our higher target of $30
BTO 12/18 $30c avg $.88
Comment:
$WORK broke our trendline resistance and should be on to first target & profit taking range between $27.50 & $28
Comment:
$WORK blasted through resistance, now pushing up to my $30 target. I cut a large portion of this position and left half of profits +150%
Comment:
Uhm. Yeah I think it's fair to say that this trade has completed. Retraced the entire megaphone pattern. Look for rejection at previous highs and consolidation for more positive momentum. $WORK target 2022 is $65.