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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 200.32

+2.2%

Nov 21 9:30 AM EST

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From: Unwelcomeguest	3/28/2018 12:37:19 PM
	2 Recommendations Recommended By beagle57 FJB of 4828

Maybe this technical indicator will help some. I am not a believer in TA unless it is telling me what I want to hear. From the banner on this site: zacks.com Moving Average Crossover Alert: Western Digital (WDC) March 28, 2018Zacks Equity Research March 28, 2018 Western Digital Corporation ( WDC - Free Report) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for WDC broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 5.7% in the past four weeks. Plus, the company currently has a Zacks Rank #1 (Strong Buy) suggesting that now could definitely be the time for this breakout candidate. More bullishness may especially be the case when investors consider what has been happening for WDC on the earnings estimate revision front lately. No estimate has gone lower in the past two months, compared to 3 higher, while the consensus estimate has also moved higher too.

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