WORKDAY INC. Stock Code WDAY.NAS
Outlook
Price broke below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion line and Base line had a bearish crossover and is hinting of a bearish price trend ahead. Lagging Span is below price of 26 days ago but is inside the cloud at the moment. MACD is bearish after a bearish crossover and with both its lines about to move below the zero line. We think price is likely to move lower to the previous low at $133.24 in the next 2-3 weeks
Strategy
$153.30 Sell
$133.30 Price Target
$160.40 Risk Management Stop
3 weeks Trade Duration
