UPWK looks to retest the 13s by the end of June or early July
Updated
11.85 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 :)
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 :)
Comment
Clear breakout above the long term downtrend, from the current all-time high, next stop is to break the 14.20 mark. Technicals looking very sound for a long position going into July 2020
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