Western Digital.. Reversing Trend after $50? Short of the Year?
Updated
Ok looking at the monthly where this is sitting at could definitely have some massive gains for the next WHILE. I personally think this may rally to $50, but after that if it can't hold this could completely break under and once it does... oh boy you could see a downtrend for .. well a while.
Let me know your thoughts. This will be a long LASTING trade .. I am not long except for this potential rally. Trade position assuming it does drop out the bottom sooner than expected. IF it doesn't rally a short could be in play extremely soon.
Let me know your thoughts. This will be a long LASTING trade .. I am not long except for this potential rally. Trade position assuming it does drop out the bottom sooner than expected. IF it doesn't rally a short could be in play extremely soon.
Note
This might be sooner than expected. Looks like we may have a bear flag on the daily.
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