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khannan99
Apr 17, 2024 7:45 PM

WDAY: Break of H&S Neckline Short

Workday, Inc.NASDAQ

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Workday closed below the head and shoulders neckline this week so I definitely would expect a move lower, potentially filling the gap from November. It's oversold now though, so maybe a move similar to the ghost pattern- could totally keep sinking though.

Sitting on my hands for the time being, but my plan is to short once it's not oversold complemented with weak price action.

GL
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