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You Are Here: Home > Articles > Stock Picks > Stock of the Day-Western Digital Corp.
Stock of the Day-Western Digital Corp.
You Are Here:Home > Articles > Stock Picks > Stock of the Day-Western Digital Corp.
Stock of the Day-Western Digital Corp.
Jul 01, 2009
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Stock of the Day – Western Digital Corp (WDC)
Close – $26.50
Strategy – Short
Profit booking – $22
MACD – 0.66
RSI – 62.53
The stock has rallied sharply from Mar 09 lows. The sharp rally seems to have lost steam and signs of profit booking are setting in. The stock is expected to face strong resistance in $26-$30 range. Short – medium term traders can short the stock and book profits at $22-$23 range.
...thanks
for the trust you've shown in me and my business.
by Larry Swing
larry@mrswing.com
May the swing be with you...
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