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...
In the last two months Slack has just been consolidating inside a bullish pennant while bouncing off its 382, which was also the key resistance level for all of Q1 2020 (notice it tested it 5 times before finally breaking out to ~$40 per share). This Friday, Slack closed just under the 50DSM. My guess is it'll breakout of this potential pennant soon. It may have...
WORK - Long Call play here after a long consolidation in primary wave 4 ABCDE, break to upside of broadening wedge with targets at .786 and 1 fib levels. In 9/18 $35 calls for an earnings anticipation and technical breakout.
There are 2 levels of strong support, $26 and $30. There is a trendline. There is an unfilled gap between $36-38. I'm excited about this stock for the long-term, but if $26 breaks I will reassess. In the meantime, I am accumulating.
$WORK A name I owned in the 20's but bailed on has quietly based into the 34 handle, is bull flagging with confirmed higher lows, and seems ready to bust out. Target another 15-20 from here.
Work notes in chart. I have position around 32 levels. A red to green above 40 should be a good buy.
Alright guys this one is an easy lesson about gaps... they will be filled... Work bounced off the resistance and now has a high chance of filling the gap back up to $37, MACD is already at a call signal and RSI is low, in a demand zone. This should be a logical, easy to understand play. Any questions DM me, or if you want to join the paid trading group.
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,...
Work corrected to good support zone and bounced back with impulse and did abc correction. Expecting another wave higher.
NYSE:WORK Based on Technical and Fundamental Analysis - Hold Slack — Goldman Sachs downgraded Slack to “sell” from “neutral,” citing the potential for an “enduring battle” with Microsoft’s Teams platform for market share. “While we continue to view Slack as a best-in-class team messaging offering that is favored by the technical community, we expect MSFT Teams...
Cup and Handle set up with a company that is in an increasingly high demand market. MACD cross. RSI Power Zone. They outperformed projected earnings and dumped on good numbers. $ZM has outperformed them in growth and market price but I don't see this as a very brand loyal market. Zoom will get some competition as companies look to streamline administrative...
TARGET PRICE $40. BOUNCE BACK FROM SOLID SUPPORT LEVEL. ENJOY YOUR TRADE!
Let's hit this again... Checkout the last time we played this below in the linked ideas... Work $38 Call 6/26 @ $48 per contract Do not trade this, you will lose money DotcomJack
Hey guys, me again, here are my ideas for the next session EURUSD – The price is in an important level at 1.1250, so let’s wait for a reaction, if it holds above, long with a target at 1.13, and if it holds below, short with a target at 1.1150. GBPUSD – I expect for the price to breakout the level at 1.25, after which you can short with the first target at...
Buena oportunidad de long si $WORK rompe 33.5, Posible nivel: 34.7 35.2