WDAY 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 153.50
This 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.
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%.
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...
Not 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..."
Price appears to have broken the neckline of a H&S pattern, consolidated, then formed a triple top at the prior neckline which is now resistance. Price could not break above the resistance of the prior H&S neckline.
This chart is similar to CRM in some ways. Like CRM, there is also a possible Cypher or Shark forming on weekly which would take price quite a bit...
The PEAD projected a Bullish outlook for $WDAY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
WDAY is a new one on my radar and I'm glad I found this one. After further review of this company, a lot of things attract me about this stock while being in the current state of the market. WDAY has the highest P/E that I have ever come across (17,418) while trading. This company hasn't generated a positive net income in 5 years and is currently sitting on...
Tested 300 and got smacked. small bear wedge implies more downside, perhaps to lower end of channel. looking for 270-280. be careful as we get closer to earnings. playing with dec 310 puts.
