Stock Of The Day: Reversal For Workday?

Workday, Inc. WDAY is trading higher Monday. The downtrend that began in May could be turning.The trading here illustrates an essential principle of the financial markets. This is why our team of technical analysts has made it our Stock of the Day.In the markets, certain price levels have more importance than others. These are referred to as support and resistance levels.There are large amounts of demand, or buy orders, at or close to support levels. This is why selloffs end when they reach them. There are ...