50% targetAt least goes back to the 50% mark, but first the $50 area?
There was some nice divergence down at the bottom.
Westerndigital
WDC - 08/22Not calling this the bottom, but I do like the "reversal" candle it printed and seems to be finding support over here.
Western Digital (WDC) Set To Rise When Market FallsI have been forecasting a market top around October-December 2018 for quite a few months. Most stocks I have looked at are also pointing to a top around that timeframe. This one stock does not appear to fall with the rest of the market based on trend and derivative analysis as well as Elliott Wave Theory.
My analysis is pointing to a top between 140.54 - 174.62 between March 6, 2019 and October 7, 2019. I am leaning to beginning of July 2019 around 150.94.
WDC STOCK CHARTAlready bought the WDC. The price bounced on the 78.50 level completing the bullish bat as expected and the strong bullish candles confirm the correction of the impulsive wave; volume goes down according to the uprising accumulation. This is a sharp moment to joing the bulls as the sin wave announces the beggining of a new cycle.
BUY @ 80.60
SL @ 78.@
TP @ 83.60
WDC STOCK CHART
WESTERN DIGITAL CORP. starts to accumulate; a change in trend might be expected on the 16.06.2018
Let´s be patient and wait for a key reversal level then, instead of buying on the bullish pattern now; it is too early and it could still become a bat since there is no sign of divergence.
WDC STOCK CHARTWESTERN DIGITAL CORP. starts to accumulate; a change in trend might be expected on the 16.06.2018
Let´s be patient and wait for a key reversal level then, instead of buying on the bullish pattern now; it is too early and it could still become a bat since there is no sign of divergence.
Beautiful buy setup on $WDCJust have a little patience and buy the dip. Never ever chase a breakout, always wait for the "good" price. Chasing will result in a loss sooner or later.
This stock is fundamentally on very solid feet and it should hit 115$ pretty soon. I am looking for dips into 90-93$ to build a big position.
We shouldnt see prices below 85$ anymore or else this whole scenario has failed.
Trendlines, flags and whatever dont mean anything if the fundamentals don't line up with them.
Blessings to you all and do your own research.
WESTERN DIGITAL - bullish trenThere's a bullish triangle, so we could have another upward impulse pretty soon.
Western Digital (WDC). Sell On BreakdownWatch when price would finally breakdown the trendline support.
MACD shows huge divergence with the price.
Risk 115.05/Target 38.70 (highlighted with the dashed lines)
