WDC has risen after posting earnings and may be ready to move shortly. Typically I would wait 2 or more days to build a base but it may not wait that long. If the markets get moving tomorrow or after the Fed announcement, WDC may climb to recent highs. Buy point is over 27.50 but if you can take the risk, then you could buy now. Chances of failure are greater if you buy earlier than recommended. Resistance is around 29.50 and 31.20. Waiting for a breakout is best.
No comments:
Post a Comment