Workday, Inc.
Updated

WDAY eyes on $211: Double Fib may give a Bounce if not Bottom

148
WDAY has been in a correction for some time now.
Last dip stopped abruptly at double fibs $211.72/85
Looking for this to hold but have stop loss just below.

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Trade active
Houston: We have IGNITION snapshot (yellow shaded area is from posting time)

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Closer look with trade notes:
snapshot
First Ping entry FAILED but second one WORKED.
Closed 1/4 position for 4.57% to cover some losses.

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What next?
snapshot
Next 3 TP's at $231.40, $233.07, and lastly $243.56
TP 2 and 3 are close due to Genesis and Covid fibs.
Either one of those could form a top so close some.

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Lets hope we found the BOTTOM.

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Note
TP 2 Hit snapshot Closed another 25%, waiting for 2 more TP's
TP3 is very close, it is a Covid fib so worth closing more.
Stop loss still at BreakEven until we break the Covid fib (TP 3)

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Note
TP 3 hit snapshot closed another 25%, waiting for one last TP.
Moved Stop Loss up to 219.89 just below fib.
Last leg may take a while so prepared to wait.

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