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WDC trade ideas

#WDC Looking for support to retest 48.15#WDC Looking for support to retest 48.15 These are a few of the critical points im looking at for #WDC to retest at 48.15 Not sure if we will find support on that longer term trend line, but i would expect new support to be found at the circled area where we have multiple ideas colliding. Id likely stop out to reenter below 45.97 The 46.56 area should help with support If we fall out id look for a reentry around 44.47 or possibly further down near 43.20 and the intersection of the bottom of the paralell channel if it were to trend that far.
NASDAQ:WDCLong
by TradingNomadic
WDC Bullish Into EarningsMy Notes are on the Chart. There is a GAP on the WDC Daily chart up to $44+ which needs to be filled and with it breaking out of a downtrend (Support on the 38.2 Fib), i am completely BULLISH on WDC. any good news + Guidance will see them hit $45 on or before Friday so i will suggest a 10/30 $45 Strike and if you must hedge, go with a $36 Put. Open Interests are Mad there for both. Plus,. it is super cheap. These are my Yolo (Possible 400%+ plays). For safety, play the 10/30 $42 Call and if you wish to Hedge, then use a $38.5 Put (Possible 100%+ Plays).
NASDAQ:WDC
by pakhamie
1
WDC, MACD Histogram just turned positiveThis is a Bullish indicator signaling WDC's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 42 similar cases where WDC's MACD histogram became positive, and 33 of them led to successful outcomes. Odds of Success: 79%. Current price $38.21 crossed the support line at $38.44 and is trading between $38.44 support and $37.84 resistance lines. Throughout the month of 09/08/20 - 10/08/20, the price experienced a +6% Uptrend. During the week of 10/01/20 - 10/08/20, the stock enjoyed a +7% Uptrend growth. Bullish Trend Analysis The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where WDC's RSI Oscillator exited the oversold zone, 20 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 67%. The Momentum Indicator moved above the 0 level on October 08, 2020. You may want to consider a long position or call options on WDC as a result. Tickeron A.I. detected that in 61 of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%. The Moving Average Convergence Divergence (MACD) for WDC just turned positive on October 08, 2020. Looking at past instances where WDC's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 33 of 42 cases over the following month. The odds of a continued upward trend are 79%. WDC moved above its 50-day Moving Average on October 08, 2020 date and that indicates a change from a downward trend to an upward trend. Following a +6.73% 3-day Advance, the price is estimated to grow further. Considering data from situations where WDC advanced for three days, Tickeron A.I. shows that in 229 of 318 cases, the price rose further within the following month. The odds of a continued upward trend are 72%. The Aroon Indicator entered an Uptrend today. Tickeron A.I. shows that in 162 of 229 cases where WDC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.
NASDAQ:WDCLong
by AlTorress
WDC WESTERN DIGITAL CORP 68.02% upside potential I have 45 Western Digital hard drives without any issues in many years. In my opinion Western Digital is the best affordable storage devices company. 8/6/2020 Morgan Stanley Lower Price Target Overweight $63.00 ➝ $58.50 8/6/2020 Wells Fargo & Co Lower Price Target Overweight $60.00 ➝ $55.00 8/6/2020 Bank of America Lower Price Target Buy $61.00 ➝ $52.00 8/6/2020 Robert W. Baird Lower Price Target Outperform $75.00 ➝ $50.00 Market Cap$11.02 billion Annual Sales$16.74 billion Net Income$-250,000,000 If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NASDAQ:WDCLong
by TopgOptions