Western Digital Corporation (NASDAQ: NASDAQ:WDC ) recently hit a new 1-year high at $70.85, underscoring the company's resilience and growth trajectory amidst dynamic market conditions. As investors analyze WDC's performance, it's essential to delve into the firm's financial health, recent earnings results, and investor sentiment to glean insights into its future...
In a recent turn of events, Western Digital Corporation (NASDAQ: NASDAQ:WDC ) is making headlines in the financial world as reports suggest a renewed interest in merger discussions with Japan's Kioxia Holdings Corp. The potential merger, facilitated by Bain Capital and SK Hynix, has sparked optimism among investors and analysts alike. This development comes after...
Western Digital (NASDAQ: NASDAQ:WDC ) has emerged as a dynamic player, making waves in the market with recent developments that have caught the attention of investors and analysts alike. This article delves into the recent surge in Western Digital's stock, examining the factors contributing to its rise and the broader market dynamics shaping its trajectory. The...
Analyzing the options chain and the chart patterns of WDC Western Digital Corporation prior to the earnings report this week, I would consider purchasing the 72.50usd strike price at the money Calls with an expiration date of 2024-4-19, for a premium of approximately $4.35. If these options prove to be profitable prior to the earnings release, I would sell at...
Shares of Western Digital Corp. (WDC) surged more than 6 % in early trading Tusday before giving back some gains after the computer hard drive manufacturer said it would spin off its flash memory business. The decision comes amid lower demand for flash memory chips that has led to a supply glut in recent quarters. Last week, Western Digital abandoned lengthy...
After we breakout downtrend from last Jun/2021 and we got monthly close above it and retest the trend was successful, So we have targets based on harmonic patterns - i'm bullish right now NASDAQ:WDC
WDC is hitting the bottom of a trend line support on the daily timeframe A nice double bottom has emerged as well. Recovery back into the slight down channel in green lines.
My models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market. Based on historical movement, the trough could occur anywhere in the larger red box. The final...
WDC High-risk Initial Long. SL and TP on the chart. 10-20x leveraged. Move SL on TP.
💡💡#SIGNAL 💡💡 $WDC ▶️ Buy NOW 🔴 SLT - 4h (Trigger) #WDC_4h_250322
Western Digital Corporation ( NASDAQ:WDC ) Sector: Electronic Technology (Computer Peripherals) Market Capitalization: 20.321B Current Price: $65.21 Breakout price: $67.25 Buy Zone (Top/Bottom Range): $65.20-$59.90 Price Target: $71.80-$72.90 (1st), $77.00-$78.20 (2nd) Estimated Duration to Target: 35-41d, 100-110d Contract of Interest: $WDC 2/18/22 67.5c, $WDC...
Falling Wedge on the 4H chart + MACD curling positive + Inverted Hammer and Bullish Engulfing to confirm reverse of downtrend + Closed above the 9EMA + Bullish option flow
The range resistance level is broken upwards with the minimum target level around 87.
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...
$WDC looks toppy and weak here, need beg account to short the shares tho, options are ugly.
I have changed up how to best display projected movement. In the case of WDC, 5 of my algorithms signaled a BUY on March 23, 2021. Equities nearly always obey the signal and move up, but sometimes it may continue to move down first. I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a...
NASDAQ:WDC Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%, TP1 ~ 74, TP2~77 CALLS for 1 April Strike 78$