Long
WORK Analysis
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 Chart)
Vertical Run Up Pattern from Fib 0.50, 0.618, and Bullish Continuation to 0.786 (Weekly Chart)
Measured Move Up Pattern (Daily Chart) 2nd Leg Bullish Continuation
Triangle Breakout (4hr Chart)
Simple ABC Correction (4hr Chart)
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 Chart)
Vertical Run Up Pattern from Fib 0.50, 0.618, and Bullish Continuation to 0.786 (Weekly Chart)
Measured Move Up Pattern (Daily Chart) 2nd Leg Bullish Continuation
Triangle Breakout (4hr Chart)
Simple ABC Correction (4hr Chart)
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.