Buy Signal for Western Digital - Marketbreadth is green.MoneyHour$-Breather signals a Buy for WDC - always use a Stop Loss with 8% and wait for Sell signal of my Breather
My Market Breadth calculation shows a positive (green) environment
Trade ideas
$WDC long It has bounced already from support, down side is limited, one can zoom in and find setups for longs RR is good
WDC: 2nd chance to join the uptrendAs you can see in my previous publication, we had a great opportunity to enter longs starting the year. Now we have a similarly great opportunity at the end of this correction here, and close to earnings support.
The risk is the earnings report still pending, so start by buying a 0.25-0.5% exposure long, with $5.61 downside risk from here. I wouldn't use a stop loss.
Then you can complete the position over the course of a few days, with more information after the new Key Earnings Level is formed here.
Good luck!
Ivan Labrie.
Western Digital could offer a great long Set up is in motion, will update entry/target/stop if it materializes.
TIME FOR WDC TO TAKE A RESTRome is not built in 1 day. Time for WDC to take a rest.
The general market is getting tired too.
But don't short this stock though. I rarely short any stocks, let alone a solid company like WDC at a fire sale price as of late. But the market is getting weaker and weaker...
WDC: Potential long term long at old support levelWDC has great valuation and yields here, I entered a half risk position here using a 3 ATR stop loss. Will be looking to add if it shows signs of strength.
You can see how the key earning support levels from 2009 to 2012 align in this zone, and how good the valuation is.
WDC is well positioned in its market, and has hit a level where I estimate it can see institutional buying appear.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risky sell in the bounce back - #ProfitingMeHi,
Sell High WDC in the bounce back can be risky. But it is an opportunity for who wants to accept the risk.
Later my interest can be to buy low in the dip when the price will drop deeper in demand levels.
Thank you
Girolamo Aloe
Western Digital and sector over sold Good Consolidation and looks like it found a bottom, Good dividends
8/29WDC has passed the three years high since the begining of this year. It slowly consolidate and then go up to about 70.
For the people who haven't had chance to buy at the beginning of this year. Now it's a good time.
western digital Long setup . 50 day EMA has acted as support past 3 trading days are showing similar pattern ? 3 times a charm
