therealrogi

WORK holding upward trendline

Long
therealrogi Updated   
NYSE:WORK   None
WORK has held an upward trendline since previous drop. Bullish triangle formed with 21.46 resistance, gap to fill, expect upward move to previous local high.
Comment:
Bullish triangle played out (21.46 surpassed). Next resistance at 22.75, then local high re-test (23.50).
Comment:
Watching if this consolidation remains in upward channel on low (15m) timeframe. If yes, it can carry through 22.75 resistance for move up to 24.03. If no, move down to 21.46 support.
Comment:
24.03 next resistance + inverse H+S control line. Should be a major decision point with 26.00+ in sight if surpassed.
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