WDAY Long & short opportunityWorkday has yet to report earnings but this play is intriguing on both the bullish & bearish side. Clear resistance & support can be played on both sides. Just depends whihc hits first. by Trading-Capital1
$WDAY: Trend signal in the weekly chartLovely setup in $WDAY, I had pointed out the multiple equal weekly highs in this zone before the breakout, which suggests explosive upside potential as sellers who kept selling at that same range get squeezed. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrie2
WDAY Roller Coaster Ride: Brace Yourself For The UnpredictableWorkday Inc NASDAQ:WDAY , a cloud-based software vendor, generates revenue by selling subscriptions to its financial management, human capital management, and student information system software. Its platform combines finance and HR in a single system, providing analytical insights and decision support for organizations of various sizes. Workday also offers additional applications, including Payroll, Time Tracking, Recruiting, Learning, Planning, Professional Services Automation, and Student. The company serves industries such as technology, finance, healthcare, education, and government. WDAY is listed on NASDAQ and is a component of NASDAQ 100. Wyckoff Sign Of Weakness (SOW) Turned Accumulation With Developing Back Up WDAY hit an all time high of $307.80 on 17 Nov 2021, but retraced from it. The inability to rally up in the subsequent weeks transformed the structure into a Wyckoff distribution phase. This was confirmed when a Wyckoff last point of supply (LPSY) occurred in late April and the price slid in Wyckoff sign of weakness (SOW). It took the price all the way to around $135 on 22 June. The $135 became support and the price rallied to around $180 on 15 Aug, which helped to define the trading range. For the next few months, WDAY price tested the low of the range twice. The low of 4 Nov has characteristics of a Wyckoff spring that was followed by a Wyckoff sign of strength (SOS) rally. The price attempted to break the $180 resistance on 13 Dec but no follow through, making it a Wyckoff upthrust (UT). Nevertheless, the price did not retest the low of the range and instead launched another SOS rally at the start of 2023. The price managed to break out from the range on 2 Feb after completion of the Wyckoff accumulation phase. It is now ranging in Wyckoff back up (BU) between $180 and $194. Bias Bullish . According to the Wyckoff method, WDAY is now in the BU phase. Although the price broke the $180 support, the reaction was another rally to challenge the $194. If the price is able to commit above $194, the immediate target will be $217. If the price breaks below $180, it will likely retest the swing low of $172 followed by $158 with a prolonged consolidation in the trading range. Despite the failure scenario showed up as discussed in this latest video, the characteristics of the FOMC bar was not as bearish as anticipated. This could present a trading opportunity for WDAY to ride for an up swing.Longby mingjong1
$WDAY Breakout Setup$WDAY w/ a classic breakout looking setup. I have no intention in taking on any new risk ahead of FOMC tomorrow. Will wait until after the speech and depending on how open positions from today are acting. One on primary list if it stays below supply line and comes out post FOMC.Longby TaPlot6
WorkDay 2023 January, February, March SeasonalityThis is a post sharing 2023 Seasonality in WorkDay, it is typically aided by the World Economic Forum for a boost in attention towards Enterprise Cloud.Longby Accrue0
$WDAY pullback or reversal? 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. Longby UnoBat1
Work day ready to goWyckoff template Signal support Breakout trend line with Volume MACD & RSI Uptrend Higher High & High Low Let's goLongby LenHoon0
WDAY Workday Options Ahead Of EarningsIf you haven`t played last Q`s earnings: Then you should know that looking at the WDAY Workday options chain ahead of earnings , i would buy the $145 strike price Puts with 2023-1-20 expiration date for about $8.60 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 7
$WDAY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $WDAY after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%. Longby EPSMomentum1
Earnings AMCDescending Triangle. Price fell out but is back inside the triangle. Neutral pattern until broken. Announce Date 11/29/2022 (Post-Market) EPS Normalized Estimate $0.84 EPS GAAP Estimate -$0.33 Revenue Estimate $1.59B EPS Revisions (Last 90 Days)* up-3 Down-24 Short interest is around 2.9%. Workday shares are currently trading at 43x 2023 P/E and 33x 2024 P/E. No recommendation. It is often the reaction to the news that dictates the direction this will move versus the news itself.by lauraleaUpdated 2
Workday Inc. Further Down!!NASDAQ:WDAY Workday Inc. Formed a inverted Cup and handle on Daily and weekly charts. touched new 52 week low of 128.72. before up coming release we can see further down side till 100 and 80.Shortby arameshkala1
Wday 169 gap close Looking bullish here up against resistance .. Entry - over 157.50 Stop loss - 155 Target - 169 gap closeLongby ContraryTrader1
WDAY Workday Options Ahead Of EarningsLooking at the WDAY Workday options chain, i would buy the $150 strike price Puts with 2022-9-16 expiration date for about $5.40 premium. Looking forward to read your opinion about it. Shortby TopgOptions5
work daywork day softatware aplication, an example of a tecnolohy service for the next decadeLongby dinoborger0
Workday new higher low?Is Workday making a new major higher low? Let us see what happens in the next few months as the fundamentals still look good for now.Longby zerotrading1
WDAY base breakoutTook 155C for next week as per plan posted yesterday. Up 30% so far. Looks good i to next week. Longby savage_Trader1
WDAY nearing base breakoutWDAY is building a nice base here with accumulation volume. Most of the up days are seeing higher volume than down days. AUG 5 155C can work above 153.50Longby savage_Trader0
$WDAY (Workday) - Stock AnalysisThis is my long-term outlook for Workday's stock. My ideas are driven by Institutional points of interest, Elliott wave theory, Wyckoff schematics, and anything technical related.by ElBichotedelosGraficos0
$WDAY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $WDAY after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%. Longby EPSMomentum0
WorkDay (NASDAQ: $WDAY) Could See A Huge Reversal! ◀️Workday, Inc. provides enterprise cloud applications in the United States and internationally. The company's applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. It offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. The company also provides cloud spend management solutions that helps organizations to streamline supplier selection and contracts, manage indirect spend, and build and execute sourcing events, such as requests for proposals; Human Capital Management (HCM) solution, a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement, and enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences; Workday applications for planning; and applications for analytics and reporting, including augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. It serves professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California.Longby Bullishcharts1118
WDAY $WDAY Initial LongWDAY $WDAY Initial Long. Large bull harmonic. TP and SL on chart. Move SL on TP. At TP2, trail with 0.5ATR step and 1.5ATR offset.Longby loxx1
Put sale on WDAYNot the first one. This also happens to be below the 100 SMA on a monthly. I'm not afraid of owning 1,000 shares of WDAY down here. I will have to go and see how many put sales expired in the past to "calculate my DCA If I got put shares, but I dig it. I will be okay to buy to close this one for 50% prem capture before July..." by Reallifetrading1