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...
If the pattern repeats, looks like a sharp reversal in 2023. AMAT recently put out a bullish outlook.
My models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market. Based on historical movement, the trough could occur anywhere in the larger red box. The final...
WDC High-risk Initial Long. SL and TP on the chart. 10-20x leveraged. Move SL on TP.
$WDC not in a confirmed stage 2 uptrend so know that but it seems like a NASDAQ stock that has potentially put in a reliable bottom/base. Something to add to your larger watchlist.
$WDC Breakout in 4h Chart on volume above average after consolidation phase - Target 72$ All Entry Criteria have been met: 1. Price above 10, 20 & 50 EMA --> Check 2. Consolidation Phase in Uptrend --> Check 3. Breakout on above average Volume --> Check
The PEAD projected a Bullish outlook for $WDC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 60%.
Nice reclaim of lower vwap band after consolidation phase - Target 72$
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Desicion to Short. Entry Price = $47.10. Target Price=$46.05. Stop Price=$48.15.
💡💡#SIGNAL 💡💡 $WDC ▶️ Buy NOW 🔴 SLT - 4h (Trigger) #WDC_4h_250322
This can be one of the best opportunities in the stock market for the next 3 months. I think the next target should be the $80 level.
Western Digital has skidded lower for months, but now the data-storage company seems to be fighting the bears. The main pattern on today’s chart is the double-bottom around $49.50. Sellers hammered WDC down to that level following the last two quarterly reports, and both times they quickly retreated. That area was also a high in June 2020 and a low in December...
I decided to combine block analysis (the Wyckoff distribution method or "smart money" in the people) with Elliot wave analysis and got the following picture. We are in the plane where wave B is now. Spring 2020 was Shakeout. At the moment, Western Digital (probably $STX Seagate) are ready to accelerate significantly (on the background of the rapid growth of...
Trendline break Support Zone Entry 57 Stop 54 Target 77 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Western Digital Corporation ( NASDAQ:WDC ) Sector: Electronic Technology (Computer Peripherals) Market Capitalization: 20.321B Current Price: $65.21 Breakout price: $67.25 Buy Zone (Top/Bottom Range): $65.20-$59.90 Price Target: $71.80-$72.90 (1st), $77.00-$78.20 (2nd) Estimated Duration to Target: 35-41d, 100-110d Contract of Interest: $WDC 2/18/22 67.5c, $WDC...
This WDC has left its Stage 4 Breakdown Recently has been in a Stage 1 Base For now we are keeping an eye for a move up through $60 in time
After an extremely disappointing earnings, the stock fell almost 10% in 1 day. In the next few days we quickly returned to the downtrend, which has been going on for several months. And at the moment I don't think there's any strong upside, so I think at least until the next earnings report the stock will decline further. Short @ $57-58, TP $48-40, SL $61.