Western Digital (WDC) Message Board

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Technology Stocks : Western Digital (WDC)

WDC 221.51

-0.3%

Jan 16 9:30 AM EST

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To: Sam Citron who wrote (10689)	7/29/2003 12:24:24 PM
From: Return to Sender	Read Replies (2) of 11057

From a technical perspective WDC has undergone an extreme sell off and is now apparently consolidating in my opinion. The longest sustained downward move this stock has made in the last six months has been 5 days in a row. We are on day 4 now of an extreme sell off. I would expect the stock to be higher later in the week. Perhaps much higher next week as there is no real resistance above 9.79 until around 10.80: stockcharts.com[h,a]daclyyay[pb20!b50!b200!a10.80!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G 9.50 looks like strong support to me. Time will tell. This is all of course speculation on my part. RtS

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