I've held wdc for a few months now observing a price range from 11.77 to 12.30. It is extremely volitile and it has been a shorters dream. There was one day it went up 60c but seems to have conseq several day smaller drops and a few days of larger drives up. It hasn't broken through the 12.60 platform for some time. It's more difficult to predict long term price. There are three factors that will push it up. More positive retail data coming out from US, aust and England, lower aust dollar and another rally. Personally if it can push into 13 by the end of January which is in the realms of possibilities. I'm not sure how far it could go beyond here. Even as the Dow had conseq rises around Xmas it rises were ordinary to say the least. It may be better to ride wdc from feb closer to divs. This is no guarantee however. I threw my crystal ball out in the trash when the markets started going sidewards from end of November. It might be time to get it out again. Maybe for a while anyway.
Good luck
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