Get started
Upwork, Inc.Upwork, Inc.Upwork, Inc.

Upwork, Inc.

No trades
See on Supercharts
OverviewFinancialsNewsIdeasDiscussionsTechnicalsForecastSeasonalsBondsETFs

UP2 trade ideas

UPWK: Starting to Retrace: Next Target $18+Upwork looks like it is about to enter a continuation of previous patterns at the price entry, and I expect the positive wedge to have a current target of $18. This also has long hold profit turnover potential afterwards or you could shorten at the wave and buy the dip. I feel like the patterns are there, and the AO is just repeating itself. Also ADR, and the pivot is quite obvious. That being said, everything I am saying is on an opinion based basis. Do your own due diligence and invest at your own risk.
NASDAQ:UPWKLong
by gamer456148
UPWK a top gainer, rising +105.26%. Expect Uptrend reversalUpwork (UPWK, $14.82) was one of top quarterly gainers, jumping +105.26% to $14.82 per share. Tickeron A.I.dvisor analyzed 156 stocks in the Packaged Software Industry over the last three months, and discovered that 139 of them (89.06%) charted an Uptrend while 17 of them (10.94%) trended down. Tickeron A.I.dvisor found 25 similar cases when UPWK's price went up 15% within three months. In 25 out of those 25 cases, UPWK's price went down during the following month. Based on these historical data,Tickeron A.I. thinks the odds of an Uptrend reversal for UPWK are 90%. The Aroon Indicator entered a Downtrend today. Tickeron AI shows that in 54 of 67 cases where UPWK Aroon's Indicator entered a Downtrend, the price fell further within the following month. The odds of a continued Downtrend are 81%.
NASDAQ:UPWKShort
by tickeron
UPWK looks to retest the 13s by the end of June or early July11.85 seems to have made a very strong resistance and UPWK has been moving in right direction in the bull triangle for awhile. Price could fall back to 11.85 in the next day or 2, but this will probably only delay the move back to the 13s. Patience will be key here. Lines Legend 1. Horizontal lines: Used to mark out major resistances and support based on points with larger trading volume (buy & sell), as well as any gap(s). 2. Diagonal lines: These are trend lines to mark out the price points that would if the stock is still bullish or bearish Technical indicators used 1. VWAP 2. EMA 3. RSI FIrst post on tradingview, but I have been working with these tools and made a nice run over the last year. Let me know your thoughts :)
NASDAQ:UPWKLong
by aozh
1
$UPWK can fall in the next daysContextual immersion trading strategy idea. Upwork Inc. operates an online talent marketplace that enables businesses (clients) to find and work with various independent professionals and agencies (freelancers) in the United States, India, the Philippines, and internationally. The demand for shares of the company looks lower than the supply. So I opened a short position from $11,71; stop-loss — $12,75. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:UPWKShort
by KozakHlib
Upwork Finances.Upwork is a company that mainly makes money as their hired consultants make money. So the more employers hire people through the service the more revenue they generate. This could be problematic long term as after they hire a "temporary employee" because thats whats assumed through the program if they decided to hire them long term after their term is over then Upwork gets nothing. AND they just lost future revenue. PLUS Over the past few years they have been in the hole. We have a history of net losses, anticipate increasing our operating expenses in the future, and may not achieve or sustain profitability. Quote from their SEC filing 10-K I will be looking for a SHORT when it seems they have peaked. RED LINES=DAILY support/resistance PURPLE LINES= Weekly support/resistance A lot more pricing information at those higher price points. What could've dropped the price is that they've had an offering so that they can manage extending the life of the company. More offerings means a lower price.
NASDAQ:UPWKShort
by JakeBrandonCastro
Confirmed Trend Reversal - Needs to Break $7.90 and retest itAll, Upwork is definitely in an uptrend for now on the 1H etc. We have to confirm on a higher timeframe that it holds above $7.90 level with a re test. You of course could get in now, but absolutely make sure your trailing stop loss is 5-10% below the uptrend bottom support. Once it breaks it could be the start of a longer uptrend that could go on for weeks. REMEMBER UPWORK IS A FREELANCING COMPANY. People work from home...
NASDAQ:UPWKLong
by DigitalData
2
This could get veeeerry interesting! "If" this turns out to be a viable Inversed H&S pattern, the target is 17ish, which would put the candle crossing over the 50 day MA (what we call gaining support), which is a buy strategy when you swing trade moving averages (half position for some). If that strategy plays out then we would likely see the 20 MA cross above the 50 MA as well, which is another buy with a moving average (many would now take a full position). If things work out this could get very interesting very fast; might I suggest we watch this one with hopeful anticipation? Also see fromhttps://www.tradingview.com/u/Reallifetrading/
NASDAQ:UPWKLong
by Ron-V
10