MarthaStokesCMT-TechniTrader

WDAY Showing Strength in Bottom Retest

Long
NASDAQ:NDX   Nasdaq 100 Index
WDAY is showing strength during the retest by the major indexes. It is a NDX component. There are Dark Pool accumulation footprints developing. I'll be teaching this concept tomorrow.

The bottom formation will complete when it breaks out above the resistance at $180. Watch for compression at that level. This stock may offer some good swing trades once the retest of the bottom's support ends.


Martha Stokes, CMT
www.TechniTrader.Courses

Learn how to use the technical patterns of each market participant for better trade planning.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.