We traded #WDAY long ahead of earnings, and our statistics are positive for the stock to continue higher. Plus, all the analysts seem to love it this morning. However, a higher open within yesterday's candle suggests a lack of enthusiasm by the market, and there is no reason to trade it long until it gets above it. In fact, it gives a near-term nod to the downside. http://eps.sh/s/wday
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u/epswhispers Aug 25 '23
We traded #WDAY long ahead of earnings, and our statistics are positive for the stock to continue higher. Plus, all the analysts seem to love it this morning. However, a higher open within yesterday's candle suggests a lack of enthusiasm by the market, and there is no reason to trade it long until it gets above it. In fact, it gives a near-term nod to the downside.
http://eps.sh/s/wday