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$UPWK Swing Trade Idea

UPWK broke out strong to the upside.

Looking at the volume profile, POC in the long-term and short-term are lower than current prices.

Today we saw a bounce off the daily 20ema line (yellow).

I'll be looking for weakness and for price to break under the daily 20ema before i enter short.

If prices break down, we could easily see a gap down to $28 level, as there is a huge volume gap around $28-$30.

Below that we could revisit $21 if $25/$26 level can't hold, notice the huge volume gap from $21-$26.
Trend Analysis

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