IvanLabrie

WDC: 2nd chance to join the uptrend

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IvanLabrie Uppdaterad   
NASDAQ:WDC   Western Digital Corporation
As you can see in my previous publication, we had a great opportunity to enter longs starting the year. Now we have a similarly great opportunity at the end of this correction here, and close to earnings support.
The risk is the earnings report still pending, so start by buying a 0.25-0.5% exposure long, with $5.61 downside risk from here. I wouldn't use a stop loss.
Then you can complete the position over the course of a few days, with more information after the new Key Earnings Level is formed here.

Good luck!

Ivan Labrie.
Kommentera:
Waiting for the earnings report to enter.
Kommentera:
Well, WDC win rate: 100% out of 2.
Not bad, but need more data hehe.
Handel aktiv:

Probably wise to trail stops up to today's low, or last Friday's close.
You can double the position too.

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