WDC - Long on breakout outside the channel, 5% risk

WDC has formed very nice cup and handle pattern and started to move higher, breaking resistance zone which is 73.00 on heavy volume. The trading strategy for now is to buy and hold (stop loss 68.00), possibly it will retest the broken resistance. In case of retest I will provide an update.

The TA is exellent for this stock and fundamentals as well, because CHIA mining requires Hard Drives.

Trade active:

75.00 BUY