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$
To trade safe, wait for the breakout and long it Good luck
$WDC just broke the resistance line at $51.56. This is the third time over the past 2 years. My target is $76 - 40% gain in January 2021. Entry: $52 , Stop loss: $46,18 at 13 days EMA. The chart never lies. The trend is your friend until It ends. #WDC #WesternDigital #BullTrend
I'm a bit scared to make this play, because if this thing breaks out, I lose. But a backtest is possible, and it might even break the slant support trend line. Hopefully it pulls back tomorrow, so I sell and leave. I have a 12/11 $48 put, break even 47.05.
Montlhy Flat in downtrend and consolidation Weekly Flat, seems correlated with GOLD Daily Flat, probably consolidation Do not see clear signs of Uptrend formation. Also due to bad Earnings all year. Buy only from 47$
Equal Volume, Equal RSI, Abrupt Directional Change, (Marabozu Candle). Possibility of 4 month uptrend. If price goes below lower support (34), then idea invalidated.
This is a Bullish indicator signaling WDC's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 42 similar cases where WDC's MACD histogram became positive, and 33 of them led to successful outcomes. Odds of Success: 79%. Current price $38.21 crossed the support line at $38.44 and is trading...
Possible scenario. For now trend is clear - if red channel is broken, we will witness significant retracement.
This is a forecast about Western Digital Corporation. Soon I will update this, and aim for a higher TP. Always open for feedback.
I have 45 Western Digital hard drives without any issues in many years. In my opinion Western Digital is the best affordable storage devices company. 8/6/2020 Morgan Stanley Lower Price Target Overweight $63.00 ➝ $58.50 8/6/2020 Wells Fargo & Co Lower Price Target Overweight $60.00 ➝ $55.00 8/6/2020 Bank of America Lower Price Target Buy ...
With RSI 30 (oversold) and the support level at 35.50 I think this is good opportunity to buy.
All description on the chart. Please, don't forget to like and follow. Thank you.
Hi traders, The other day I posted a reverse entry which happened to be a loser as well, but I told you it typically pays off. On Friday I got to prove it when WDC didn't react the way I planned and that got me thinking if the other direction wasn't a better idea... and it was! The Trades: 1) WDC - SHORT @38.73 - terrible fill at the break of 39, in hindsight I...
Ok looking at the monthly where this is sitting at could definitely have some massive gains for the next WHILE. I personally think this may rally to $50, but after that if it can't hold this could completely break under and once it does... oh boy you could see a downtrend for .. well a while. Let me know your thoughts. This will be a long LASTING trade .. I am...
That is our trading idea in WDC after a very bullish period of time, now look for Short trades looking to reach the 38,2% Fibo of all the previous bullish leg, until the mid days of April. Good luck and Nice trading #MARKTADVISOR
Just trying to take the next swing. open 65,00 TP : 75.20 SL : 63.70 Risk/Reward ratio : 2.66
Good spot for some mid range longs. Pink area are targets for the longs. Green zone good spot for entry. Although, if it reaches here, it may pull back further to teal before pushing to target zone. Orange line is stop loss for green zone entry. Teal zone should be stronger. Red line is stop loss for teal zone entry.