Work day Inc is a cloud based on demand financial management and human capital management software vendor. Investing Workday will surely work for you invest now. Workday founder David Duffield is a former CEO of ERP Company peoplesoft.
Workday Inc Analysis:
David Duffield has huge experience and knowledge in human capital management. It is a high Beta as it has a Beta value of 1.90. Keybanc advises investors to hold the stock for good returns. Institutional investor holding in the stock is very high. So one can buy the stock with full comfort.
$116.70 is all time high resistance for the stock. Aggressive Investors can accumulate the stock right away Conservative ones can wait till breakout. The stock forms continues higher high higher low pattern which is a good bullish sign. The stock has a strong support around $97. one can keep $97 as strict stop loss.