Reading the Charts in Slack Technologies Inc WORK to Generate Trading Plans
When we read the #charts for Slack Technologies Inc (NASDAQ: WORK) we are able to reach a #conclusion that may not be otherwise discernable. We can see where buy signals exist, where sell signals exist, and where risk controls should be implemented. These are what create trading plans. The example here is for WORK and it demonstrates this practice. This data is current, but it is not real time. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Neutral | Strong |
| P1 | 0 | 0 | 39.00 |
| P2 | 43.01 | 43.05 | 43.51 |
| P3 | 43.35 | 43.68 | 47.70 |
⚠Triggers may have already come
Support and Resistance Plot Chart for WORK
Longer Term Trading Plans for WORK
May 30, 2021, 3:45 pm ET
WORK - (Long) Support Plan
Buy over 43.51 target 47.70 stop loss @ 43.38
WORK - (Short) Resistance Plan
Short under 47.70, target 43.51, stop loss @ 47.84
Blue = Current Price
Red = Resistance
Green = Support
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