LONG WDAY - BULLISH REVERSALWhy I think a bullish reversal is coming: 1. Doji in a downtrend 2. Stoch <20 : extreme oversold 3. At major demand zone Risk reward is 1:6 Stop is below doji candle low Longby daOldWolf3
5/23/24 - $wday - tough setup, just watching the PM print only5/23/24 - vrockstar - NASDAQ:WDAY - not the best setup into the print, high teens sales and EPS growth (~16% this year) gets you 40x PE and 7.5x sales, 2-3% fcf yield (without a stock comp illusion). basically this stock is priced for perfection here, which if you see recent prints... sales hasn't been beating by a lot. a lot of these enterprise names have had tough sledding this Q. on the converse, NASDAQ:MNDY had a nice move - and these things are decent comps, which might indicate a similar song *it rhymes* right? i'm going to be on the sidelines. i'd like to own this, but it's hard to dip buy with conviction at this valuation on a miss. and it's hard for me to chase higher too. that keeps me watching only. gl to the holders. lmk if you have a diff POV.by VROCKSTAR2
WDAY: Break of H&S NecklineWorkday closed below the head and shoulders neckline this week so I definitely would expect a move lower, potentially filling the gap from November. It's oversold now though, so maybe a move similar to the ghost pattern- could totally keep sinking though. Sitting on my hands for the time being, but my plan is to short once it's not oversold complemented with weak price action. GLShortby khannan99Updated 110
Workday Stock Slides 14% Amid Soft Subscription Revenue GuidanceWorkday shares ( NASDAQ:WDAY ) fell 14% in extended trading on Thursday after the company provided softer-than-expected current-quarter and full-year subscription revenue guidance. The company lowered its full-year subscription revenue forecast due to elevated sales scrutiny and lower customer headcount growth. Workday ( NASDAQ:WDAY ) also announced a partnership with the Defense Intelligence Agency to modernize the government agency's human resources efforts. The company's updated subscription-revenue guidance reflects the elevated sales scrutiny and lower customer-headcount growth experienced during the quarter. However, Workday ( NASDAQ:WDAY ) said its increased efficiencies helped boost its annual adjusted operating margin by half a percentage point to 25%. For the three-month period ending April 30, the company posted net sales of $1.99 billion, slightly ahead of the consensus view. On the earnings front, it posted an adjusted profit of $1.74 per share, surpassing analysts' expectations of $1.58 a share. Workday ( NASDAQ:WDAY ) announced late Thursday that the Defense Intelligence Agency (DIA) had selected it to modernize its human resources efforts, helping the company expand its footprint into the public sector. Workday ( NASDAQ:WDAY ) shares have trended higher since completing a double bottom pattern in November 2022, with momentum accelerating after the 50-day moving average crossed above the 200-day MA to generate a golden cross signal early last year. Investors should monitor how the stock responds to support near a key horizontal line around $238 that closely aligns with a significant November-price gap. A decisive close below this crucial level could lead to a deeper pullback to longer-term support at the $205 region.by DEXWireNews1
3 Reasons Why ...This Stock Is A Good BuyAm trying to understand candle stick patterns and so about a month ago I got a book from Kindle about candle stick patterns -- I used my last savings to buy this book because I was so interested in learning about chart patterns -- Combing chart patterns with the rocket booster strategy Is the ultimate way to trade let me give you 3 reasons why: -- - The price is above the 50 MA - The price is above the 200 MA - The price is going to go up or "boost up" tomorrow -- If you want to learn more about the rocket booster strategy then rocket boost this post for more information -- Disclaimer: Trading is risky you will lose money from trading please learn risk managementLongby lubosi1
Workday BUY on strength!!!!Workday is a stock that has been heavily penalized by the declines of recent weeks. The price rose strongly above the 200 EMA and left behind a strong accumulation of volumes (strong support). On the strength of today, I bought this stock at the close. The low volume area above today's closing price is very likely to be violently covered. I forward my analysis for educational purposes ONLY, do not imitate my operations. The undersigned is not responsible for any losses suffered.Longby NewHOrizons12
WORKDAY possible reversal & low-risk high-reward setupA few confluences: - Horizontal support - Trend lines - Hammer on rising volume - Overall the stock outperforms the Index in IBD Style terms - 61% Fib retracement - Reverse or Hidden Divergence If that works - you have a low-risk high-reward setup. If it doesn't - we'd understand that quickly and move on. Longby TheSpringHunter1
WDAY even though PLTR is BetterFundamentals: Workday (WDAY) and Palantir Technologies (PLTR ) are in the same industry, but PLTR is the better growth stock currently. PLTR is a YJ growth stock. WDAY does not meet any parameters in my filters. It is not a super stock. However, it is a healthy growth stock in a good industry. "Sometimes a stock does go up simply because the company is doing well and everybody is aware of it." (Darvas). Earnings are great and sales have been accelerating. Workday's company's quarterly report comes out in 4 days. Technicals: Weekly: uHd on heavy volume extremes indicator a-b-c pullback weekly trendline horizontal support 61.8% fib candle pattern looks like it will be either a doji or a hammer with high volume Daily uRd extremes indicator window/gap support 61.8%fib with morning star a-b-c completion of a down Crown pattern Comment: SL is under 200. Target is 350.Longby Rocketman0
h and S breakShort on Wday as the h and s break happens. waiting for retest. *Not a financial advice. charts drawn here is only for educational purposes.*Shortby febinweb0
WDAY 1d Chart, Q2 2024Workday with an interesting chart - obvious head and shoulders with an obvious gap below it. RSI looks meandering, but considering it's recent trend something tells me its too obvious, but we'll see. If this breaks down, I would guess it retests the 230-240 area after the filling the gap. If it bounces, look to the 278-283 area for resistance. by cmerged0
WDAY, this software company reports today LONGWDAY provides software for large enterprises; it reports Monday the 26th after market hours. On the 15-minute chart, it is surging. A recent news catalyst was an upgrade to a target of $ 350. My call options went double digits from a buy on Friday the 23rd at the opening bell. This looks like a good one for earnings scalping whether it is with shares or a call option. (The $320 call option for 3/1 is up 42% so far since the morning open). WDAY is part of the AI trend; the real question is how much AI integration is built out at this time and what is waiting for design and testing before deployment. Longby AwesomeAvaniUpdated 442
Workday Squeeze UpwardWorkday is expected to report earnings tomorrow 02/26 after market hours. Price is being squeezed up to a weekly resistance level. I'm anticipating a gap fill downward during the day where would be an ideal area to enter a long position. From there likely to see a breakout afterhours. They have beat earnings expectations the last 4 quarters in a row and hopefully another. Longby rossmonroex0
WDAY Workday Options Ahead of EarningsIf you haven`t sold WDAY here: nor reentered before the previous earnings: Then analyzing the options chain and the chart patterns of WDAY Workday prior to the earnings report this week, I would consider purchasing the 300usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $23.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions2
Long $WDAY for the yearAnother longshot for me is NASDAQ:WDAY , you could go with a weekly stop about 7% lower or even can choose a huge stop at about 30% lower, this shouldnt break at all or the stock looks bad. The variable stops which should not be hit are shown as the red line on the chart, if any better ideas coming up, write it in the comments. Lets see how this Idea is playing out, Im long by myself for not a too long time, good luck! Longby TiMMiT1
WDAY Workday Options Ahead of EarningsIf you haven`t bought WDAY ahead of the previous earnings: Then analyzing the options chain and the chart patterns of WDAY Workday prior to the earnings report this week, I would consider purchasing the 230usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $5.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptions1
Volume Is Key During A Sideways MarketStrong 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.by MarthaStokesCMT-TechniTrader7
WDAY Workday Options Ahead of EarningsIf you haven`t sold WDAY here: Then analyzing the options chain and the chart patterns of WDAY Workday prior to the earnings report this week, I would consider purchasing the 230usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $8.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 2
WDAY - Rising Trend Channel [MID-TERM]🔹Rising trend channel in the medium long term. 🔹The short-term trading range has experienced a POSITIVE trend as it has broken a short-term resistance level. 🔹In case of a NEGATIVE reaction, the stock has support at approximately 207. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️Longby wavepoint992
WDAY Waiting for Breakout !!!!HI Traders, This is my first chart analysis on TD view. Open for suggestions. Thanks. "Patience is the key for the moment."by TradeOnTime1231
WDAY - Rising Trend Channel [MID -TERM]🔹Breakout resistance 206 be POSITIVE signals in Short-term. 🔹Between support 206 and next resistance 250. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️Longby wavepoint991
#WDAY possible correctionWday almost reached its major supply zone 230. When its complete, I expect correction toward major demand level of around 130 There are also 3 intermediate weaker demand zones that overlap key levels at 203, 193, and 175. Overbought RSI is adding to the possible reverse move. I am going short after two confirmation signals. Shortby NASTICHUS1
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