WDC Approaching 52 Week High
PRICE - Watch the $101.40 level. A break above here means it'll go towards it's 52 week high of $103.51, Any break above that should create a new floor to preserve gains.
ACCUMULATION - While new school tech has seen distribution, old tech like WDC has seen decent accumulation. Larger money managers appear to be adding, which should further strengthen any floor if it breaks above the 101.40 range.
MACD, despite looking overbought, it now looks like it's going to make a second leg up.
ACCUMULATION - While new school tech has seen distribution, old tech like WDC has seen decent accumulation. Larger money managers appear to be adding, which should further strengthen any floor if it breaks above the 101.40 range.
MACD, despite looking overbought, it now looks like it's going to make a second leg up.
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