WK, (MACD) Histogram just turned positiveThis is a Bullish indicator signaling WK's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 55 similar cases where WK's MACD histogram became positive, and 47 of them led to successful outcomes. Odds of Success: 85%. Current price $55.89 crossed the resistance line at $55.62 and is trading between $58.61 resistance and $55.62 resistance lines. Throughout the month of 08/20/20 - 09/22/20, the price experienced a +2% Uptrend. During the week of 09/15/20 - 09/22/20, the stock enjoyed a +7% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 18, 2020. You may want to consider a long position or call options on WK as a result. Tickeron A.I. detected that in 72 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
WK moved above its 50-day Moving Average on September 18, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +5.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where WK advanced for three days, in 248 of 332 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 263 of 314 cases where WK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 84%.
WK
WK Great Buy for a 5% return or 15%+ Long TermWK is a growing software company that has exceeded its 2019 Q1 earnings expectations. Has been on a continues uptrend for the past 2 years with no aggressive sell offs. With earnings coming up, I believe company will continue to grow with a 5% potential short term, but can potentially be an over 15% return in the next year.
Workiva WedgieWhen in doubt short overbloated garbage like WK and W.
Starting to see divergence and distribution as well, and absolutely no volume today. This stock has absolutely no liquidity, if there's a big sell order, it'll go down in a hurry.
Worst case I think it tanks next earnings. Small short position.
Peso and Dollar Tap DancePeso has been Trumped by "Build the Wall". Mexico has conceded to work with US on Border "issues". Mexico lost Ford mfg to US because of Trump agenda and probably will lose more. Mexico hopes to arrange decent trade to counter effect.
Mexico Central Bank sold off dollars to stymie skid .
Meanwhile, speculators know that the Peso is squat .
I think the Peso is squat. Technically, the Peso is squat. Technically, we are due for a retrace and the classic Triple Tap Price Action may conclude. I look for a potential reversal from it when RSI is Your Friend .
Note: I mostly go long and buy breakouts on this pair, because your True Best Friend Is The Trend (and the Peso is still squat).