WDC Western Digital Offers New Position Trade 1-17-20
Expert’s #1 Play for 2020: Unprecedented Currency Shift, Next Bull Market
Billions of dollars are pouring into one long-ignored asset Goldman Sachs expects will soar in the first quarter of 2020.
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WDC Western Digital Corp has paused above recent resistance after a clean change to bullish order flow. This price action sets up a new position trade and a buying opportunity.
I'm looking to enter half of my desired position using a $69.50 buy stop. Game planning for a bullish run over the next 30 days to the $89 area.
My stop loss comes on a close below $64. As the stock price moves higher and closer to $80 I will initiate a trailing stop loss.
Have a great weekend!
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