BeenBambied

Bullish Gartley for the short term

NYSE:WORK   SLACK TECHNOLOGIES INC
wouldn't be surprised by a hard move down pre earnings to the 20.50-20.70 area to finish the pattern, which would also suck in quite a few weekly put buyers at </= 20 strike (these have a ton of open interest and are quite liquid) - I think post earnings will be somewhat neutral to positive until new guidance is given in 2020, so a relief bounce to the 25-27 area is possible. long term the stock is prices at 40-45% compound annualized growth on a 10yr DCF basis - this is highly unlikely. 16-18$ stock next year.

Comments

well played, my friend. outlook on upward move? i'm thinking 26.00 if we can get past the sell-wal at 23.50.
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In Play - killed my put premium, though
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