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
I am long calls.
WDC is a major laggard among the SMH and may offer a nice catchup trade opportunity. Alert set on major downtrend from the 2014 high. Major drop in volume resistance .
WDC resolving out of the wedge to the upside. Stop is pretty clear in the low to mid-50s if it broke back under the triangle.
As you see on the chart a good breakout happen of the DIAMOND pattern, with a good volume Good luck
WDC daily55.39 --->target ------>65+ agree? let me know
$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.
#WDC Looking for support to retest 48.15 These are a few of the critical points im looking at for #WDC to retest at 48.15 Not sure if we will find support on that longer term trend line, but i would expect new support to be found at the circled area where we have multiple ideas colliding. Id likely stop out to reenter below 45.97 The 46.56 area should help...