All chip makers have been soaring in the past two weeks. I expect to see a pullback soon. Therefore, I choose WDC to be one of my favorite charts to go short. It is possible the stock can run up another $3 or so, but I would be monitoring the chart for any pullback conformation, and I will ride it down into the next Support line at $75.80
Note
Sry, I meant $57.80
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.