better educational, psychological, and moral foundation
Well skills and experience are put are test here This could still break the downward trendline i have in place there it could still create a double top successfully create a new lower high then lower low see breakout entry tell me what
CRM has consolidated for almost 3 weeks, after gapping down on the news it had acquired Slack (WORK). Risk reward ratio is around 3. A potential test of the pre-gap candle lows might be in place before attempting to reach the 50sma, and subsequently the top of the gap. OBV line has tested and is now respecting the line that was made before the gap higher.
My point of view of ZOOM, looking at different trend lines, resistance and support, and the rsi. Also if you think about the fact that the vaccine is only for emergency use for now, makes sense that ZM and other 'work from home' stocks should not dump next week, also we can see numerous lockdowns, for example in Germany, and the US. Im overall bullish, even tho...
Big day for ZM today. It faces resistance from the all time high line set since 19 Oct. The line has been a resistance on 28 Oct and 6 Nov after which it dipped massively to retest 370s. If ZM can break out of the resistance today (mostly likely will need to be with a big gap opening) -- it's bullish until earnings. This is the likely scenario supported with...
@cptWORLD Gave some great insight on zoom so I went back to review and adjust accordingly at the the end of the day. The bears failed today which I wasn't expecting until the last green trendline. This made me adjust my buy zone up slightly to 430-455. However, we need to see tomorrow and over the next few days how price reacts to this trend. Right now we are...
Slack (WORK) has failed to break out from its downward trend that started in June. Despite my strong bullish long term view on Slack the outlook for the next few weeks remains not very positiv - support levels at 28.60 / 27.30 / 23.60 could be seen as entry points to accumulate.
40+ in early 2021, if not sooner. Will depend on market conditions of course, but the demand for efficient and optimized at home working platforms will only increase as more companies shift to at-home employment. Benefits have already been realized, no turning back now no matter how hard anyone fights it. Slack is positioned well to be a leader in such an...
For the longest time this stock has been floating at $30 and it simply cannot seem to break that level. However, technicals are shaping up to say otherwise. After analysis on the daily chart, it seems as if there is a falling wedge forming- and in my opinion, now is the perfect time to get in. I purchased options dated to October to give me a little wiggle-room...
sometimes you have to try new things to learn new things
TA: Short Term Downward trend but currently sitting at support zone; good place to enter with stop losses set diligently below. Has been following Fib Retracement levels on moves up and thus why I have outlined the target area due to the downward trendline and the fib retracement level. -Megalodon (Rahim) PS: Don't take this for Gospel, manage risk accordingly...
+0.02989 in sight. Support at 0.02694 for a rally through 0.05751
$WORK A name I owned in the 20's but bailed on has quietly based into the 34 handle, is bull flagging with confirmed higher lows, and seems ready to bust out. Target another 15-20 from here.
i have been following this since the gap, last week GS downgrade $work to $30 , i believe it was strange downgrade for the stock like intentionally they want the price to be around the $30ish to kill all options traders, it's great company and it's work from home stock! technically speaking the stock set on very strong support the yellow trend line since April,...
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...