Above $200, it's super expensive, at least 35% correction 'Likely '
$Workday (WDAY.US)$ My downside target is $170. Below, this price risk reward ratio is positive. I don't see any sustained upside from this level, but deep correction is likely. I shall re-analyse this stock after Q3.
My research and analysis are not advice or recommendations. It's for information and knowledge purposes only. Any research , analysis, information, or other material received should not be construed as individualized investment advice. Investment decisions should be made as part of an overall portfolio strategy, and you should consult with a professional financial advisor, legal and tax advisor prior to making any investment decision.
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