UPWK - Head and Shoulders InverseOn the chart, we can see an inverted head and shoulder, which is ready to breakout. We expect it to go to the upside, whereas we will take an entry at the breakout of the neckline. This will give us a ROI of 18%. More details are shown on the chartLongby vf_investment117
$UPWK W/ Earnings this week and clean cypher set up I will be watching $UPWK, hoping to catch this off 786 trigger level w candle action to minimize the risk (tighten stop loss) Watch price action off 618 level as the spinning top doji close can bring in buyers. Tp's are shown, Tp1 stop is to entry, tp 4 is 16.50$, not shown in chart. I will post entry if I get a good one w lower risk, 3-4x risk to reward is not worth the time, at all for me :) Longby FrancesMarieUpdated 9
UPWK More Downside in Falling WedgeUpwork is in a long-term (for the stock) falling wedge (on log scale) since its triple top. It's shown relative weakness vs the market and still has more room for the downside for much of 2023. Shortby HandsomeSloth0
Upwork Inverse H&SUPWORK has created an inverse head and shoulders pattern. Suggesting an primary price target of $35 (100%). Once the H&S has finished, perhaps a retracement of a golden pocket before next move.Longby Jimmy205111
$UPWK ~ Beautiful wave structure...As shown, beautiful EW structure. Still has a little more correcting to do, but should provide an amazing opportunity soon. Will be tracking very closely and may take a position. by EndlessCode0
Upwork Showing a weekly small double bottom here. Daily buy volume came in on that area. We need to see a break and hold above 19.10 as if this falling wedge wants to break to the upside could taget 28$. Of course in this bearish market upside is hard to imagine Howver that volume coming in is surprising would at least have to stoploss below the second low of 16.96 Longby Erictaylor0
Cup & handle Pattern on $UpWorkPotential Cup & Handle Pattern forming Tell me what you think not financial adviseLongby SpMex113
Put playUPWK, like all its counterpart. it is defalting. looking for gap fill under. It will be a buy after the gap fil. Shortby TradesByAG1
could bounce here, but im nuetral at the moment upwk approaching its last line off support. If we bounce here and break 39.71 my price targets are 50.39-58.98 below 30 theres not much support and we can hit 18.73 staying neutral until we see a clear break to either direction. like and follow for more! 💘by Vibranium_Capital2216
Long $UPWK a bit of technical, a bit of fundamental analysis for the algo for the algo for the algo for the algo for the algo for the algo for the algo for the algo for the algo Longby ZeroSlippage1
UPWK TRIPLE TOP FORMED. Looking at the triple top, we are going down. Can we hit the target point?Shortby banhocktan111
Khan's Swing-Trade Idea KW 47 - $UPWKIndustrials lagging Sector Harsh drop after good earnings. Wait for an additional positive signal/volume. by KhanPhelan0
UPWKUPWK at a potential buying point. Found support at a long term trendline + 1 year out/post gap up (also where significant price action begins) Anchored VWAP. New pivot low would also align with the previous distance between pivot lows. This also could be the end of an ABC corrective wave, setting up a potential new move to the upside. Bullish RSI divergence is also a supporting factor. Not necessarily expecting a sudden move to the upside, but UPWK is a long term thesis for me so I like the low risk entry. Today was an inside day (contracting volatility) and it gave us a green hammer showing us some momentum to the upside. Looking for 3 inside up candle formation for confirmation of long entry.by jjmatsjr0
UPWKUpdate on UPWK trade plan. Trimmed position to lock in some profits, still holding shares long. If we see a nice pullback, I will consider adding shares.by jjmatsjr111
UPWK earnings ideaExpecting a pre earnings pullback, then run after earnings. UPWK dropped despite a double beat upon Q1 and Q2 earnings report due to guidance that hyper seasonality factors would decrease screen time. However increasing jobless claims and a study of travel data leads me to believe that this was purely a Q2 concern, where there was a sharp increase in travel numbers and less jobless claims and a small drop in revenue from the previous quarter. One key thing to note is that UPWK's user base grew significantly due to COVID-19 as revenue grew significantly over the course as the pandemic and as we saw travel numbers taper off. However an increase in travel numbers did not cause a proportionate drop-off in revenue numbers, possibly indicating that the gig economy is here to stay. These factors lead me to believe earnings will have a positive reaction.by jjmatsjr0
UWPKRetracement of Double bottom of same trendline. Bullish bias due to fundamental reasons.by jjmatsjr0
UPWKUPWK thesis play, 63$ PT based around fundamental analysis. TA aligns with price target. Entry points marked by green arrows, potential areas to size out marked by red arrows.by jjmatsjr0
UPWKAlignment of technical and fundamentals. Q2 guidance is giving us a big discount. 63$ PT based around fundamental analysis by jjmatsjr0
New Pyramid on UPWKI like Upwork long term (use their service as a consumer too), here is my plan to pyramid into shares. I will buy in 4 tranches and then have a pre-defined level where I will buy protective puts. Max loss is about $6/share average after all 4 levels are filled -- before it hits the insurance level.by MattDeLong2219
UpworkI We can’t close a daily above 52$ we have to expect another fall to 40$ range. Looks like a clear short however if we bounce stronf off 40$ a huge double bottom could be in order for now, shorts will be safest bet Shortby Erictaylor0
Upwork (UPWK) Upwork setting up well as it emerges from a pennant structure. Pivot held 50-EMA reclaimed Current: $51.07 Stop: $47.20 Tgt: $56.15 (gap close) Longby LD_Perspectives1