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PontusTrader
May 10, 2020 8:39 PM

Workday short 187 on resistance Short

Workday, Inc.NASDAQ

Description

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.

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