Long
WORK - Inverse head and shoulder formation, may hit $40
If price continues with good volume and breaks the neckline ($28.75) then there is a high potential that Slack may hit $40 mark.
Note: If after breaking the neckline, if price drops below it then this formation is a suspect.
Note: If after breaking the neckline, if price drops below it then this formation is a suspect.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.