WDAY 6 tests breakdownWDAY has now tested the 220 level over 6 times. With each test demand is diminishing, which will create a further sell-off to the 208 area, where it will find supportShortby BBTrader290
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.Longby GeliumUpdated 0
WDAY back at the 100day MAAgain back at the 100 day MA, it has used this as support for a long time so there could be high probability plays off this. I'll be watching very closely to see what kind of reaction we are going to get. So far there is some bullish divergence forming on the lower timeframes so we'll see if that ends up panning out.Longby itshabib0
Wday Inverted Flirty 😜It's been consolidating nicely at .5 fib or 259. This consolidating breakout history of this stock is highlighted in the purple box. I drew a resistance trendline on the RSI and I'll be waiting for that break along with a move to 261 for conformation Right now it's showing a Inverted H&S . Entry at 261 + RSI trendline breakout Stop loss at 259 Longby ContraryTrader5
WDAY double bottomWDAY has been double bottoming off this trendline for the past couple of months. Looking for it to do it again right here. Longby itshabib0
WDAY🌦I love stocks that follow my formula: impulse, correction, impulse. As evident by the chart this pattern is called a running flat. Running flats are characterized by two trend lines both heading up. The next step is to look for a similar pattern on XLK Longby jeromepower1
Demo Trade - Channelling Up Stock - WDAYStock screenied on finviz using channel up chart pattern. Last candle on support is a hammer indicating potential bounce. Demo trade setup for possible move higher when market opens. Longby simoncurson1
Wday channel trade updateTook its sweet time with this reversal. fell through trendline (Yellowline) today. Targets are redlinesShortby ContraryTrader1
Short itWhite lines are the original channel lines Yellow lines are secondary Red lines are targets Entry at 260$ Side note, this could go to the top of its original channel at 274 and then come down but I've notice alot of resistance and weakness at the 263-264 area. Volume has been dropping ever since it arrive at 260 on Feb 3.Shortby ContraryTrader2
WDAY Double BottomWDAY bouncing nicely off the 100day and intraday double bottom. If it can keep this up it could push even further. The double bottom might be played out so be safe.Longby itshabib1
WDAY - Targeting recent highsWDAY hopefully should strengthen soon. Target around recent highs 260-ish.Longby simplenothingUpdated 0
Channel tradeWorkday has been bumping its head on 230 since sept; Broke out briefly in dec and after reaching channel top came back down. It broke out of 230 again on Friday thanks to a 300$ price upgrade from GoldmanSachs. long term , it's on it's way to 300, short term are my targets (Greenlines). Macd is crossing OBV is bullish Longby ContraryTrader223
ABC BullishNot to long entry level yet for this pattern.. Long entry is a break of the BC leg in an uptrend. You may see something different than I do..we all see differently and is what makes the world go around.. To look at this chart, it looks like WDAY may pull back some more..dunno and could pop to a new high tomorrow..lol.. Looking at the RSI etc, just looks to be struggling a bit here. Almost like it may go to C ?? ABC patterns are considered a measured move down that is nestled within a larger measured move up as a rule with D being the target. They can also be part of larger harmonic patterns as well..It is a correction move and targets are calculated using the AB leg and a stop goes under C as a rule,,the closer you are to C, the safer you Usually are, yet also, entering below hard R can stop you in your tracks..so there is a balance there for sure.. If it goes under C, then time to have a stop in place so it will catch you. I have not been using volume profile for long, and only use it when unsure, (but we can never be really sure (o:) but this one is trying to go under the POC (point of control). I look at this chart, and I do see a bit of a struggle, hence, I felt unsure..During my brief experience with this indicator, I have noted the POC as well as other parts of this indicator can serve as S&R, so being under the POC could possibly add a bit more struggle for WDAY. Anyone who knows this indicator, please comment because I am relatively new to using it.. Anyway, Cautiously long By no means a recommendation..Longby lauralea225
Symmetrical TriangleSymmetrical Triangle and is over long entry level of 222.35.. WDAY has a histyory of flying so be safe. We just always hope the flight stays on course.. Not overbought..long term moving averages, the 50 (a bit flat), 100 and 200 (100 and 200 tilting up) in place..some of the short term moving averages do not look good today but that can change tomorrow. The 5 has crossed down and through the 20. Long term this one looks good..be sure you get a good entry level. Entry level can make tons of difference in our psyche. It is hard to hold on when we keep seeing red everyday on our account even when the stock went up that day.. Red hammers on weekly and monthly.. Not a recommendation.. Buy red/sell green (o:Longby lauralea2
Cup and HandleWDAY appears to be in another cup and handle pattern.. MC/Mid Cup 222.25 and HL/Handle low can provide support Pattern is not valid until long entry level of 248.86 Keeping an eye on the possible W I see in the chart... long with caution..as always keeping an eye on market conditions. Not a recommendation I am hoping we see a bull market continuation for 2021. Many of us, me anyway, have not been through a bear market. I have been studying up on it just in case. I read a bit so far but bear markets often start with sharp moves down and quick retracements up. If we still want to go long, entering will probably be in and out on the retrace up if the trend is down which would be the case in a bear market, we will need to trade countertrend. Of course the shorties will be in heaven! LOL I need to learn though..just in case!Longby lauraleaUpdated 443
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 channelLongby Georgi_Georgiev3
$WDAY perfect fib retracement, possible wave 2 to $280wave analysis, possible $280by Georgi_Georgiev0
Buy - $WDAY - WorkdayBuy signal indicated on 27th October at $213. Price is now at 207 which is a good entry IMO. Looks like price is respecting the 200ma on the 4 hour chart. If it stays within the triangle I think we will break higher over the next couple of weeks as earnings were solid albeit a slightly bearish outlook from the company. Stop: 170 TP: TBCLongby FollowMyTradesUpdated 4
WDAY breakout watchI expect a breakout in this name soon. For call options I like the Jan 15 230s and 250s Longby LanmarUpdated 10