WDC trade ideas
WDC STOCK CHART
WESTERN DIGITAL CORP. starts to accumulate; a change in trend might be expected on the 16.06.2018
Let´s be patient and wait for a key reversal level then, instead of buying on the bullish pattern now; it is too early and it could still become a bat since there is no sign of divergence.
WDC STOCK CHARTWESTERN DIGITAL CORP. starts to accumulate; a change in trend might be expected on the 16.06.2018
Let´s be patient and wait for a key reversal level then, instead of buying on the bullish pattern now; it is too early and it could still become a bat since there is no sign of divergence.
Long WDC Swing TradeLong position into NASDAQ:WDC today.
RSI shows a lot of strength and MACD has a crossover. Plus: The stock got upgraded today.
I got a little late into this one, but still have a very bullish sentiment with this stock.
Share your opinion, comments and questions. Good Luck!
Risk Level: Moderate.
I will keep updating my position.
Western Digital reversal of downtrendWestern Digital will move up off of multiple bottom support after ten weeks of downward movement within a two standard deviation channel. Recent higher than average volume with stochastics and RSI confirmation. Also Barrons news article with bullish fundamental analysis . Shorts will closeout as more long positions are taken.
Beautiful buy setup on $WDCJust have a little patience and buy the dip. Never ever chase a breakout, always wait for the "good" price. Chasing will result in a loss sooner or later.
This stock is fundamentally on very solid feet and it should hit 115$ pretty soon. I am looking for dips into 90-93$ to build a big position.
We shouldnt see prices below 85$ anymore or else this whole scenario has failed.
Trendlines, flags and whatever dont mean anything if the fundamentals don't line up with them.
Blessings to you all and do your own research.
WDC breaking outNews today about Toshiba preferring a bid from Western Digital over its competitors drove this stock up over 4% midday (from -2.5% to up 1.8%) in a matter of minutes. This price action was sustained throughout the day and the daily candle was able to keep above resistance. This heavy volume, in combination with the downward trend being broken, on the price and RSI, & a cross on the MacD could be the start of a large move upwards.