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In his Trading Room early this week, Mike Paulenoff wrote that Slack Technologies (WORK) looked poised to hold key near-term technical support at 29.50 off of its June 3 high at 40.78, and to turn up to challenge and take out key near-term resistance at 32.75-33.60.

Mike's analysis was informed by a combination of the chart and the potential impact of growing Coronavirus cases on demand for work-at-home technology platforms.

WORK was trading at 30.40 at the time of Mike's first writing (see chart below), and got up to a high of 34.67 this week before closing the week at 33.13.

What's ahead for WORK?  Join our Live Trading Room and find out.



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