Hubert Senters here.
Let’s take a look at a potential short set-up for next week. It’s actually a pretty good short today. But you’re not going to get this video until Sunday because I’m doing this video on Friday because I’m getting ready to go to the lake.
You got a nice little bracket trade right here on a sideways shuffle on double WDAY symbol, Workday Incorporated. Above $199 would have been a good long or you could have done this here, zoom in right there $195 to $199 would’ve been in good long. Unfortunately that didn’t happen. The break of $182 did happen.
So the next place that Workday is probably going to is going to drift down to $149.73. Now, I’m not saying it’s going to drop from $182 to $149 overnight. It’s going to take some time but it’s got some a little bit of support down there. It’s going to have to deal with at $149.73.
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Good luck. Have a great weekend. See you on the next video.