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WORK - Is Lunch Over?
Since its IPO, WORK has not done very much for its investors. As the chart shows, it has basically been a descending channel that has been unbroken up to this point in time.
The recent price movement, however, has created a bullish divergence with the RSI indicator while the price is moving out of an oversold condition. This combination may allow the price to move up and out of the bearish channel. I would not expect any giant bullish move, but if you were interested in a short-term trade, the opportunity may be there soon.
The recent price movement, however, has created a bullish divergence with the RSI indicator while the price is moving out of an oversold condition. This combination may allow the price to move up and out of the bearish channel. I would not expect any giant bullish move, but if you were interested in a short-term trade, the opportunity may be there soon.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.