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SSD prices set to surge -- and so is Western Digital WDC"NAND flash prices are expected to increase by as much as 50 percent in the short term, which will eventually result in more expensive solid-state drives." www.techspot.com This week, WDC broke out above value for the month and is looking to target the next upside monthly VPOC at 59.69. Should the strength continue (and by the sounds of things it will), look for a higher target at the yearly VPOC at 68.65. I like a stop inside of the developing value area.
NASDAQ:WDCLong
by WebBegole
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