The Fundamental Case for Slack Technologies Inc WORK Using a Price Based Model

May 21, 2021, 00:00 am ET, BY John - Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Traditionally #WallStreet has used #fundamentalanalysis to make #investmentdecisions in #stocks like Slack Technologies Inc (NASDAQ: WORK) but sometimes the most revealing aspect of the fundamental health of a company can be found through an observation of its price action.  Price action was used to produce the raw data below for WORK and it can be used as an example of how to use price action to define fundamental opportunity.  This data was current at the time of publication, but it is not updated in real time here. 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 41.94 41.21 43.51
P3 42.57 42.05 47.70
⚠Triggers may have already come
Support and Resistance Plot Chart for WORK

Longer Term Trading Plans for WORK

May 21, 2021, 12:00 am ET

Our Longer Term Plans for WORK help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this WORK Report.

WORK - (Long) Support Plan

Buy over 39.00 target 43.51 stop loss @ 38.89

WORK - (Short) Resistance Plan

Short under 43.51, target 39.00, stop loss @ 43.64

Blue = Current Price
Red = Resistance
Green = Support

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WORK EPS Analysis for May 21 2021

WORK Revenue chart for May 21 2021

WORK Growth rate - Quarterly for May 21 2021

WORK Growth rate - Yearly for May 21 2021

WORK PE chart for May 21 2021

WORK PEG chart for May 21 2021