PontusTrader

Workday short 187 on resistance

Short
NASDAQ:WDAY   Workday, Inc
Large 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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.