Jan. 5 at 1:50 AM
$WDAY is testing the limits of its 52-week lows. 📉 🏹
With the Stochastics hitting an extreme oversold 16.07 and the RSI at 33, the spring is coiling for a relief bounce. The tape shows
$202.22 as the absolute line in the sand for bulls. If this floor holds, the first leg of the bounce targets the
$212-
$215 volume shelf.
The Playbook: 🟢 Bull Trigger: Reclaim
$212.84 to confirm the initial bounce. 🔴 Bear Trigger: A daily close below
$202.22 opens the door to
$194.
Analysts are still calling for
$282+, so the "smart money" is watching this dip closely. 📊🚀 #hovdid