WDAY: Consolidation is broken upwards.The uptrend targets are around 277 and 300. If 226 is retested, the uptrend could have a much higher target.
WDAY
WDAY potential breakout, crossing 50MA on Daily, low RSIVolume picks up on the last few hrs on trading day, potential move to the upside of channel
$WDAY Trend Based Fib ExtensionMy analysis: I'm expecting WDAY to bounce. Target at $243 on a wave 3. Could also be bull flag in wave 4 looking at breakout for wave 5.
Thoughts?
"I'm not an expert but I have watched a number of youtube videos"
NASDAQ:WDAY
WDAY Longer term Wave (iii) Bullish Our WDAY longer term holdings is moving in and out of money. We are looking for a wave iii push higher into 275 once this consolidation is complete. The daily count shows we could be in a sideways market here but we will be holding on to our long-term holdings in long WDAY positions.
WDAY Long Setup, Trade Update Our long entry on WDAY was triggered moving in and out of money but the focus is on larger degree wave (5) move that might target the 290-300 level. Notice a breakout and a minor pullback that is a good zone for additional longs on WDAY. Look to hold on to existing Long position on WDAY into Dec 2020.
WDAY - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
This would be a great Buy Opportunity, IF NASDAQ:WDAY breaks up the Resistance at $187.07 !!
Workday short 187 on resistanceLarge descending broadening wedge - this is a bullish pattern in general, but might be worth a play on the resistance. Just keeping an eye on at the moment.
Earnings on 28MAY.
This is a very manipulated stock, they are already bursting it out of daily upper bbands. Not sure what to do at the moment - possibly wait for a markup into earnings to grab spreads.
Here is the daily with the upper bbands being busted already.
WDAY Building a BottomWDAY is working on a final sideways pattern before testing the completion level for this intermediate-term bottom. Large lots have recently created a Shift of Sentiment™ pattern in the Balance of Power Indicator with their large lot activity.
WDAY Top Hits Weak Support LevelWDAY topped on the short-term trend, but it is bouncing off of weaker support from money highs in 2018. WDAY remains at risk for more downside slip slide action, until it enters the Platform candlestick pattern formation from 2018. That support level offers stronger support due to a prior Dark Pool Buy Zone™ with minimal accumulation.
WDAY testing resistance at $176If it breaks above $176, it could start a bullish run. Thoughts on this one?
Good Buy for WDAY for 3% ReturnWorkday (WDAY) has been on a strong upward trend and has bounced off the 180 day EMA line as a support. Wday can continue to move upwards to an easy 3% with low risk on trade.
WDAY Breaks Through ResistanceWorkday has been in a trading range since February. It recently broke through the resistance level at the highs. It now must sustain the price gains above the highs to form a new support level.
$WDAY Bearish Shooting Star$WDAY Bearish shooting star candlestick forming on weekly chart, expecting to close the week within upper channel limit (i.e. <= $165). The stock shot up from Nov 20th low of ~$118 to up over $170 within two weeks (44% gain)...eventually gravity catches up - retracement already underway.
Targeting $140 level by mid-January.
Note: Informational analysis, not investment advice.
[WDAY] phase 3The price is going up. It's above the 30MM. Speak of 30MM; its slope is positive so, maybe it will continue to phase 2.
$WDAY Overbought at Channel Resistance$WDAY Workday deep into overbought territory now on the daily chart, with an earnings release coming early next week.
For a company still not making any money, it feels like a beat is already priced in. In my opinion, it would require a substantial beat and a positive guidance adjustment next week to get it over $155 in the near term. I'm expecting a correction post-earnings.
Two possible near/medium term targets on chart.
Note: Informational analysis, not investment advice.
WDAY up against resistanceTwo resistance levels ahead for WDAY to cross. If it can break out, off we go. We'll find out in next couple of days.
Long WDAY following small base break!Entered long a couple of days ago on WDAY following the base break coupled with new 52-week high on volume. Again, open-ended target based on how price moves.
WDAY- WDAY seems breaking down forming a double top. It is rolling over nicely, and moneyflow also turning negative. We think it will be a good hedge for all the Longs we have.
* Trade Criteria *
Date First Found- May 11, 2017
Pattern/Why- Double top breakdown, Hedge position
Entry Target Criteria- Break of $88.43
Exit Target Criteria- 1st Target $88.43, 2nd Target $70.23
Stop Loss Criteria- $90.76
Please check back for Trade updates. (Note: Trade update is little delayed here.)
You can check detailed analysis on -- in the trading room/ Executive summary link here-
www.youtube.com
Time Span- "
WDAY- Wonderful opportunity to buy 70or 65 Put WDAY looks perfectly ready to fall as it breaks down head & shoulder & there is a very high level of insider selling.
Ideal entry would be if it rally back to 75 or break below 70
we are looking to take Aug16- 70 put (4.6) or Aug16- 65 put (2.65)
