Work forming a nice inverse H&S and Cup and Handle at the sametiWork forming a nice inverse H&S and Cup and Handle at the sametime.
Thanks @drchelsea1 for bringing this to our notice. Waiting for WORK to hit 30.5 to go long
Keep watching...
WORK
Slack WORK - Long for long term ?One of the late runners regarding home-working solution, showing a reverse head and shoulders pattern combined with a golden cross,
we might see more upside to that.
RSI has room to grow more to the upside.
Slack Technologies $WORKSlack Technologies again hit the the pivot resistance and back. #RSI is weak to break out. It may pull back till 10SMA
$WORK Blasts Back Up to Challenge Key Range HighsWORK finds a fresh bid following a clear MACD bull divergence at recent lows. The range boundaries suggest a move above the $30 level could foster a fresh breakout.
Here is a buy setup in SLACK. $WORK (Short term trade)Strong probability of Slack to continue moving higher:
1. Technical indicators are bullish and rising,
2. Price is above the two moving averages and acts as support levels.
3. Corona Virus, people working from home and using Slack.
Alex Vieira Urges Buying 3 Million Slack Shares Alex Vieira Urges Buying 3 Million Slack Shares for $30 Million Profit
$WORK Gets to Work as a Remote Team ResourceWORK shares are springing out of a base as the stock reacts to the potential positives of a market environment dominated by fears about viral transmission. Positive trend signals, MACD bull signal, base breakout.
Slack heading to 29.22Just applying simple Fibonacci and supposing a short-term movement sustains.
And I am using slack and I was also testing MS Teams. MS Teams is for the moment worse than slack .
SLACK $WORK just found its bottom.Primed for the triangle breakout above. I reckon its going to try and find its range top now.
SLACK: Work,Work I believe in you babyI'm irrationally attached to slack.
institutional investors love it
average volume of over 7 million shared daily
market cap over $10 billion
over 17% shares are short with an expiration time of 5.4816 Days and over 270 million shares sold short
around $20 a share
follows decently simple trends
im going to keep following slack for years to come. Just dream for a minutes about the potential reach and potential slack has.
Amazon might want to launch their own office suite and slack would make a great partner.
Additionally some of slacks customers are
FOX NASDAQ:FOX
LYFT NASDAQ:LYFT
IBM NYSE:IBM
TARGET NYSE:TGT
SHOPIFY NYSE:SHOP
INTUIT NASDAQ:INTU
ZENDESK NYSE:ZEN
HUBSPOT NYSE:HUBS
FASTLY NYSE:FSLY
None of those companies are doing bad either.
This is all setting up to be a true 2020 and beyond software company and gain story. Jump on and buy for $20 while you can.
OH and last thing... Institutional investors paid $4 and $7 a share. The fact you and I can purchase for $20 gets me.
$WORK Looks To Have Bottomed$WORK looks to have finally bottomed. The stock got a lift today after Slack (NYSE:WORK) was initiated at Overweight at Wells Fargo with a $30 price target, a 50% upside. WORK shares have a Bullish average Sell Side rating.
Last month, Slack reported Q3 beats, an inline Q4 outlook, and an upside FY view.
Wells Fargo says the competition concerns surrounding Slack (WORK +2.4%) ($30 PT) are now overdone and sees the current setup as "favorably skewed."
With 17% of the float short, there's room for a short squeeze.
Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
As always, trade with caution and use protective stops.
Good luck to all!
WORK stuck in sideways channel - been slacking for a while nowAfter a long-term descending channel, WORK moved into a sideways channel in November 2019. Since then, it attempted to break above $23.30 5 times, without success.
Next target around $23.30 again, some upside, but not a lot. This stock needs a boost in fundamentals to go back to IPO numbers...
WORK - DAILY CHARTHi, today we are going to talk about Slack and its current landscape.
Slack is poised to receive increasing attention from the market as the company starts to be investigated by the U.S. Securities and Exchange Commission (SEC), which aims Slack and others Unicorns IPOs. The investigation is looking for the events and exchange of information that preceded the beginning of the first trading session.
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$WORK has begun the breakoutNothing wrong with a little double bottom action. Will trade with an aggressive stop thought around $23.25.
$WORK Looking for entry$WORK is rising from the ashes here. Look to break the first level and buy in for some long term positions. This is a ticker that should be kept on a tight leash though, set good stops and follow them. $WORK can reject at any of the levels.
LIVE STOP HUNTING - RESULTHere is the follow up to the previous post and the prediction I made. NZD news helped reach the target faster. Amazing R:R of 6:1 as the stop hunt was very shallow, but that's basically how it is done. All the people who went long earlier and got stopped out must be feeling pretty sad now. I'm happy with this trade.
Autonomous Trading Triggers $6 Billion Loss on SoftBank BubbleSoftBank invested in bubbles! You were warned! The stock market is not for incompetent people and scammers
WORK - Is Lunch Over?Since its IPO, WORK has not done very much for its investors. As the chart shows, it has basically been a descending channel that has been unbroken up to this point in time.
The recent price movement, however, has created a bullish divergence with the RSI indicator while the price is moving out of an oversold condition. This combination may allow the price to move up and out of the bearish channel. I would not expect any giant bullish move, but if you were interested in a short-term trade, the opportunity may be there soon.
Only happy thoughts Possible bullish vibes?
www.nasdaq.com
continue $2-7 weekly swings, higher rsi and lower price something to watch..
all slack needs is the teaser of a google and android partnership installed on every phone, or apple installed on ios... we're hitting $35+ over night
long 200 shares x $23.22
long 150 shares x $21.77