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...
$SSD just broke the resistance for cup with above average volume. RSI is just a concern which is below the trend. After good q2 results expect to get the target price
12 months Consensus Price Target: $74.33
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx