WDAY

WDAY

Short-Term (Hourly/Daily View):
Trend: Consolidation/Bearish with potential support retest.
Trade Direction: Consider shorting on any failed rally toward the $260 region or if the price breaks below the $240 area. Alternatively, look for long positions near the $240-$245 region with a tight stop loss if the price finds support at the 200-period EMA.
Long-Term (Weekly View):
Trend: Bullish on the weekly chart, with the trend intact but a potential pullback.
Trade Direction: Consider going long near the $240 level on any retracement towards the 20-period EMA. A break above $270 would indicate a continuation of the uptrend for a longer-term trade.