Buena oportunidad de long si $WORK rompe 33.5, Posible nivel: 34.7 35.2
Weekly/Daily/4hr/1hr/15min all reviewed below. I'm confident in a bullish reversal in this setup and will grab the options contract 33c for a short term play. Weekly Chart 3 Long Wick Rejections of Support 32.00 Simple ABC Correction Bullish Channel Daily Chart 2 Long Wick Rejections of 50EMA High Wave Candle (Twice the Average Volume) followed by a Hanging...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, Slack recently had a positive earnings report, which shown higher year of year growth. This didn't stop the stock from dropping over 10%+ afterwards. There are valid reasons though why investors should be or are...
New highs ahead?
If we lose the support line drawn I expect a move to the previous support zone
After having fully realized my previous trade idea (30-36$ upwards trend into earnings), yesterday $WORK ended the day at 38.38$, closing in on 38.62$ of all time closure. With earnings scheduled for Thursday after market closes, the stock is primed to test the 42$ handle, the historic intraday high. I expect a strong quarter with positive momentum after earnings...
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...
or would you guys rather wait until it hits the target?
Ascending Scallop + Vertical Run Up + Measured Move Up + Triangle Breakout + Simple ABC Correction + Bullish Separating Lines + Rising Window + Bullish Momentum Look for WORK to continue Bullish Continuation to next Price Target of 38.32 after a simple ABC correction. Initial Sell Target can be the 0.786 Fib at 36.24. Notes: Ascending Scallop Pattern (Weekly...
Good Afternoon Traders, Today we will cover a few plays I'm in or looking at. This morning we saw some massive movement all across the market. ACB up another 55%, USOIL ripping, yet we still have a fair share of companies crashing. WORK - DAILY PLAY WORK $28 PUT 5/22 @ 25 (Grabbed before the continuation) The Next Play We will look to grab some WORK...
Slack printed a V-bottom and is now looking like a double right-shoulder H&S. Newly printed 200 EMA (red here) is looking to crossed by the 55 EMA (orange) for a golden cross. We see stochs bouncing in the neutral area and now moving into the bullish control zone, and a similar pattern playing out on RSI. Not much historical price action, so not a ton of...
im hoping its going up - I failed to make a trade after it falled today, but I really think the technicals look like a keeper, Id like to exchange ideas... I think this one has been and will continue to be slow, so maybe it will go up mid next week... Whats your thoughts
after a long consolidation and a big breakout on high volume the stock is aiming higher long as long price doesn't fall below 30$ targets on chart
inverted cup breakout confirmed the first target was achieved (neck line) last day we closed above resistance level therefore we are now aiming the full range
After weeks, it has finally broke the $30.47 and hit $31.74 which is fib 0.618 resistance. It seems that it took it wind behind and will continue the next target.