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Veralto
May 15, 2018 1:31 AM

Western Digital reversal of downtrend Long

Western Digital CorporationNASDAQ

Description

Western Digital will move up off of multiple bottom support after ten weeks of downward movement within a two standard deviation channel. Recent higher than average volume with stochastics and RSI confirmation. Also Barrons news article with bullish fundamental analysis. Shorts will closeout as more long positions are taken.
Comments
Gerardovb98
Were would you set up your TP?
Veralto
@Gerardovb98, JPMorgan analyst Harlan Sur targets $120 by years end for a 45% gain off support levels.
Veralto
JPMorgan analyst Harlan Sur targets $120 by years end for a 45% gain off support levels.
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