CFD Trading – Buy Western Digital Corp. (WDC.NAS) @ $37.15. Stop @ $35.15 and Target @ $41.15.

Western Digital Corporation Stock Code WDC.NAS

Outlook

Price broke above the cloud in the previous trading session, changing the chart outlook to bullish.  Conversion line and base line are about to have a bullish crossover. Lagging Span is above price of 26 days ago but is inside the cloud at the moment.  MACD has a bullish crossover and is hinting at a bullish price trend ahead.  If price can stay above the cloud, it could be heading towards the next resistance point at $41.14 in the next 2-3 weeks..

Strategy                  

$37.15                Buy

$41.15                Price Target

$35.15                Risk Management Stop

3 weeks              Trade Duration

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