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Analysis: #NASDAQ $WDC

Case 52 #WesternDigital Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#WDC 1/5
Western Digital is bearish and heading lower towards $38 and possibly $33.90 to mark a new low for the year. However it is still #bullish in the long term.

WDC 2/5
Chart 1
Monthly Chart: The main #support and #resistance zones marked out. The #SMA50 acting as a resistance as price trades further away. Strong #trendline support at 23.00.

WDC 3/5
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