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IvanLabrie

WDC: Interesting bottom signal, cheap valuation here

Long
Western Digital Corporation (NASDAQ:WDC)  
IvanLabrie Updated   
NASDAQ:WDC   Western Digital Corporation
Trend Analysis Chart Patterns Beyond Technical Analysis WDC timeatmode rgmov keyhiddenlevels
15
10
trendanalysis chartpattern beyondta wdc timeatmode rgmov keyhiddenlevels
The trend in $WDC might be turning around here. Valuation is really low here, and the chart seems to indicate the weekly decline is over. I like my odds here, risking $4-$5 to the downside, for huge upside potential if the trend in flash memory turns up again.

Cheers,

Ivan Labrie.
Trade active:
Good spot to buy back after being stopped before. Last: 58.7
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