I have been forecasting a market top around October-December 2018 for quite a few months. Most stocks I have looked at are also pointing to a top around that timeframe. This one stock does not appear to fall with the rest of the market based on trend and derivative analysis as well as Elliott Wave Theory. My analysis is pointing to a top between 140.54 - 174.62...
$WDC looks like opportunity, if you ask me. Great company, bad times, strong support. But last year I hate it and waste too much time on it and buying power. Hope this year will be different (LOL).
Already bought the WDC. The price bounced on the 78.50 level completing the bullish bat as expected and the strong bullish candles confirm the correction of the impulsive wave; volume goes down according to the uprising accumulation. This is a sharp moment to joing the bulls as the sin wave announces the beggining of a new cycle. BUY @ 80.60 SL @ 78.@ TP @ 83.60
WESTERN DIGITAL CORP. starts to accumulate; a change in trend might be expected on the 16.06.2018 Let´s be patient and wait for a key reversal level then, instead of buying on the bullish pattern now; it is too early and it could still become a bat since there is no sign of divergence.
WESTERN DIGITAL CORP. starts to accumulate; a change in trend might be expected on the 16.06.2018 Let´s be patient and wait for a key reversal level then, instead of buying on the bullish pattern now; it is too early and it could still become a bat since there is no sign of divergence.
Long position into NASDAQ:WDC today. RSI shows a lot of strength and MACD has a crossover. Plus: The stock got upgraded today. I got a little late into this one, but still have a very bullish sentiment with this stock. Share your opinion, comments and questions. Good Luck! Risk Level: Moderate. I will keep updating my position.
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Just have a little patience and buy the dip. Never ever chase a breakout, always wait for the "good" price. Chasing will result in a loss sooner or later. This stock is fundamentally on very solid feet and it should hit 115$ 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...
I would like to see this stock at $78 and then climb to $90 in the first quarter of 2018 Stops set at $74 Risking 5% to make 15% See you guys in a couple months for an update.
Watch when price would finally breakdown the trendline support. MACD shows huge divergence with the price. Risk 115.05/Target 38.70 (highlighted with the dashed lines)
The trend is definitely your friend in WDC. 163 price target of extension. Very deep wave 2. Excellent dividend to boot. Could be a game changer added to a long retirement portfolio. Digital media storage is not going anywhere for the foreseeable future as Euclidian Physics still dominates Moores Law. When the Qbit becomes common place - reassess this...
MoneyHour$-Breather signals a Buy for WDC - always use a Stop Loss with 8% and wait for Sell signal of my Breather My Market Breadth calculation shows a positive (green) environment
It has bounced already from support, down side is limited, one can zoom in and find setups for longs RR is good
As you can see in my previous publication, we had a great opportunity to enter longs starting the year. Now we have a similarly great opportunity at the end of this correction here, and close to earnings support. The risk is the earnings report still pending, so start by buying a 0.25-0.5% exposure long, with $5.61 downside risk from here. I wouldn't use a stop...