TRADING TIPS

WDAY Bracket Breakaway Trade

Hubert Senters here. Let’s take a look at Workday, WDAY. So it’s got an interesting pattern going on. You had sideways move here. You got a buy signal here sideways bracket trade breakaway. Bracket trade breakaway from the bracket. Now, you got new bracket trades so it acts like it’s going to go to $320. It won’t go there automatically. It will probably pullback about 50 percent before it does that from this area right here from the close of this bar to the open of that bar. It could potentially pullback to $230 and then ramp back up like $280 to $300. Good luck. Hope it helps. See you on the next video. Hubert.

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