Mar. 14 at 6:44 PM
$WDAY — most oversold ever. All three timeframes say it simultaneously.
1M RSI: lowest reading in the stock’s history. Lower than 2022 bear market. Lower than COVID.
1W RSI: all-time chart low.
$117.76 capitulation wick. 23.81M weekly volume — largest in years.
8h: 528K volume bars. MAs pointing down but RSI curling from lows.
This is the same signal that flagged
$ZS $SHOP $NOW earlier this week — but WDAY is a different animal.
$7B+ ARR. Profitable. S&P 500 enterprise software compounder. Real customers. Sticky contracts.
Not speculative. Getting washed out with the sector.
Bull:
$138.64 reclaim →
$146.20 →
$154.32 →
$163.26 →
$171.24.
Bear:
$128.25 fails →
$116.89 low retest.
Monthly RSI this low has marked generational entries on quality compounders historically.
$138.64 or wait.
$116.89 is the floor.
#WDAY #Workday #SaaS #enterprise #hovdid
