WDAY even though PLTR is Better

5月2日

Fundamentals:
Workday (WDAY) and Palantir Technologies (PLTR ) are in the same industry, but PLTR is the better growth stock currently. PLTR is a YJ growth stock. WDAY does not meet any parameters in my filters. It is not a super stock. However, it is a healthy growth stock in a good industry. "Sometimes a stock does go up simply because the company is doing well and everybody is aware of it." (Darvas). Earnings are great and sales have been accelerating. Workday's company's quarterly report comes out in 4 days.


Technicals:
Weekly:
uHd on heavy volume
extremes indicator
a-b-c pullback
weekly trendline
horizontal support
61.8% fib
candle pattern looks like it will be either a doji or a hammer with high volume


Daily
uRd
extremes indicator
window/gap support
61.8%fib with morning star
a-b-c completion of a down Crown pattern


Comment:
SL is under 200. Target is 350.