yup....added WDC below 15 this week, to my "PSYCLE sm" depressed oversold potential tax-selling bounce long Buy list, with a close stop below recent low....along with ideas like, DGN, CS, CYMI, UTR, ISSI, even AAPL, others, among depressed Techs down here....technically and sentiment-wise (I do not employ fundamentals the way 95 % of others try to), WDC has an "exhaustion V bottom" forming....plus, as chronicled recently on this thread, "sentiment" is beautiful (i.e., too bearish near the low, dig ?) for these kinds of chart formed issues to bottom here, as well....best wishes.... I am going to take
a shot here, with a stop....we have done very well the last few years, buying issues like WDC here, in the last few "tech" bottoms....the timing is right.... |
