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 $WORK rompe 33.5, Posible nivel: 34.7 35.2
I LOVE this IVH&S. Going to watch this neckline play out. SLACK I feel will be used a LOT during "covid" by other companies. They are compiling A LOT of data. REALLY GREAT TOOL. Super nice to use and long term, I think they could also be a buyout candidate.
Weekly/Daily/4hr/1hr/15min all reviewed below. I'm confident in a bullish reversal in this setup and will grab the options contract 33c for a short term play. Weekly Chart 3 Long Wick Rejections of Support 32.00 Simple ABC Correction Bullish Channel Daily Chart 2 Long Wick Rejections of 50EMA High Wave Candle (Twice the Average Volume) followed by a Hanging...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, Slack recently had a positive earnings report, which shown higher year of year growth. This didn't stop the stock from dropping over 10%+ afterwards. There are valid reasons though why investors should be or are...
New highs ahead?
If we lose the support line drawn I expect a move to the previous support zone
Slack and Alex Vieira Wedding Change Investment! HYPER PROFITS! Landscape
After having fully realized my previous trade idea (30-36$ 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...