under pressure, page-11

  1. 796 Posts.
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    Another very strong performance by WDC closing at its high today rising 2.61% compared to 0.18% for the XAO.

    While volume was relatively low I think investors are recognising that the stock is currently very good value.

    Unless the Dow falls by greater than 0.5% overnight I think we will see the stock gap up tomorrow.

    This should establish good support at the $10 level and see WDC move with momentum towards $11.

    My opinions only.

    Dreamcatcher
 
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