Get started
MarthaStokesCMT-TechniTrader

Volume Is Key During A Sideways Market

Workday, Inc. (NASDAQ:WDAY)  
MarthaStokesCMT-TechniTrader  
NASDAQ:WDAY   Workday, Inc.
Technical Indicators Support and Resistance Candlestick Analysis volumeanalysis swingtrading positiontrading runanalysis sidewaysmarket Technical Analysis WDAY platform_start
7
0
indicator supportandresistance candlestick volumeanalysis swingtrading positiontrading runanalysis sidewaysmarket technicalanalysis wday platform_start
Strong volume is important in a sideways market. Always check to make sure volume is increasing during the run for entries and holds.

Volume is way too low to sustain this tiny run upward in $NASDAQ:WDAY. The stock is likely to retrace or correct and then shift sideways again. Support below is moderate.
Martha Stokes, CMT
www.TechniTrader.Courses

Learn how to use the technical patterns of each market participant for better trade planning.

Related Ideas

MarthaStokesCMT-TechniTrader
Pre-Earnings Run in $UPST
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.