UPWK is Bullish

18 ביולי

Price was in a strong downtrend printing lower highs and lower lows. However, the bullish RSI divergence on daily time frame suggested that bulls are waking up to the calling, and have managed to break the descending trendline and print a higher high. Price would now most likely define a higher low, before moving upwards to new highs. Targets are mentioned on the chart.