The price has had 5 lower highs (and lower lows), might bounce at the Fibo. It still has enough upward momentum as per the Elder's Force Index 3&13 (not displayed).
NYSE:STT
It seems it has good direction to the upside, the lower lows might indicate this is a "falling knife" type of situation. Yet, there is a strong support line at Fibo and at 77.07.
I know the tech sector has been on a down trend for a while. And WDAY is no different from a long term perspective. There is an interesting set up for this one though finding some support with Fibo.
