Wednesday, August 05, 2020 12:58:11 PM
$WDC | #WesternDigital Catch-up Trade
Possible trade into or post earnings .
Stock has been in consolidation for 4 months and
perhaps earnings could give it the momentum needed to break from this range.
Stock is above the Point of control ( POC )
Stochastic is rising and crossed
RSI is uptrending.
Volume has increased.
Stock is a huge laggard within the sector.
Resistance levels should be regarded as possible targets
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