Today, 10/21/2020 Morgan Stanley Downgraded WORK stocks to a target price of $27.00.
From the beginning of this year, insiders sold more than 131mil usd worth of stocks, without a single buy.
They have 16.562B MARKET CAP and −0.59 EPS.
Trying to buy right now is like catching a falling knife. Just wait for the breakout!
Indicators are showing sell signals on...
Been holding the bag since the lasts ER. Looks ready for a breakout!
- Tested and hold the support at 27 a couple of times
- Long bottom trendline has been held and bounced off
- Short bottom trendline has been held
- Short top trendline is about to be surpassed
- Downwards momentum is fading
- 20 day EMA is about to be surpassed.
- We've seen more green days...
TA:
Short Term Downward trend but currently sitting at support zone; good place to enter with stop losses set diligently below.
Has been following Fib Retracement levels on moves up and thus why I have outlined the target area due to the downward trendline and the fib retracement level.
-Megalodon (Rahim)
PS: Don't take this for Gospel, manage risk accordingly...
i have been following this since the gap, last week GS downgrade $work to $30 , i believe it was strange downgrade for the stock like intentionally they want the price to be around the $30ish to kill all options traders, it's great company and it's work from home stock!
technically speaking the stock set on very strong support the yellow trend line since April,...
Technical Analysis:
The Idea is to go long based on the ascending triangle and the previous bullish trend.
Fundamental Analysis - News
Slack Technologies (NYSE:WORK) will report its fiscal 2021, Q1 results after the market close on Thursday, June 4. Analysts are projecting -$0.04 a share profit on sales of $254 million.
Slack, whose platform makes it easy for...
