top of page
  • Writer's pictureT. Livingston

Slack Approaching The 200-Day Moving Average

Slack, $WORK, is a stock that is on my radar. It has been consolidating calmly towards the 200-day moving average. If it can bounce on strong volume, it may offer a decent risk to reward. If it falls below support and the 200-day, no worries, I can exit for a small loss. However, if it heads higher, it can go on a long-term uptrend. We will see what happens.

Disclaimer: This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this post constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog or the associated Twitter and Instagram feeds. The stock or stocks presented are not to be considered a recommendation to buy any stock or stocks. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.


Commenting has been turned off.
bottom of page