Slack Technologies (WORK) recently failed on a breakout attempt. It is now rallying back up into its 10-dma and the prior breakout point, which puts it in a short-sale entry position using the 10-dma as a covering guide. This is premised on the failed breakout as an early indication of a possible late-stage failed-base (LSFB) short-sale set-up beginning to evolve.
Short-Sale Set Up - Slack Technologies (WORK)
|Published:||19 May 2020 10:41 ET|
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