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WDAY
Benzinga
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Stock Of The Day: Reversal For Workday?

1. WDAY is trading higher, signaling a potential reversal from its downtrend. 2. The $206 price level has transformed from resistance to support. 3. Historical data shows previous rallies after hitting the $206 support level. 4. Technical analysts have selected WDAY as their Stock of the Day. 5. A bidding war among buyers could drive WDAY's price up.

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FAQ

Why Bullish?

Support at $206 strongly suggests potential price increases. Historical patterns indicate recurring rallies from this level.

How important is it?

The technical support level and historical recovery patterns significantly influence WDAY's price outlook.

Why Short Term?

Immediate trading activity around support levels often results in short-term price movements.

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