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...
"NAND flash prices are expected to increase by as much as 50 percent in the short term, which will eventually result in more expensive solid-state drives."
www.techspot.com
This week, WDC broke out above value for the month and is looking to target the next upside monthly VPOC at 59.69. Should the strength continue (and by the sounds of things it will), look...
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...
This Week FORECAST
Opportunity for WDC. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
The market almost reached a strong resistance area...will wait for confirmation like a double or triple top before starting selling...ew counting and my cycle counting are almost complete...this is not a buy call just sharing the idea
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...
WDC has been making big uptrend movements since my last analysis...so my target for taking profit is at 50.50...and I believe the price will reverse to the downside when arrive at this area resistance...
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.
The 21 analysts offering 12-month price forecasts for Western Digital Corp have a median target of 50.00, with a high estimate of 60.00 and a low estimate of 31.00.
According to our forecast, we are moving now over the first 80W cycle bottom after the great reset in 2020.
We are getting big time into WDC now, expecting the price to go even over 100USD next year, with a safe target of 90 USD
When we proceeded with phasing analysis just around the big dump in March 2020 we saw that a major 56month cycle bottom got aligned with...
