Tuesday, June 11, 2013

WDAY testing support

This dropped big time today and has a good chance to test 60 and 57. If it holds that level, then it may see a bounce. What I do not like about this stock is the moving averages on daily is not looking good. The 20 day ma has started to go down and if it dips below the 40 day ma, it may go further down. Another area is 55 on this stock. Let's see how it works.