WDC gave back its post-earnings pop to 369.47 as bounces were sold. If selling pressure persists, the 307-301 support zone, reinforced by a trend line that has produced bounces and a gap fill near 312, should produce a near-term bounce.
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We've had really whiplash price action on these earnings we're going to cover with WDC and BE.
Now, I know we did have WDC report after hours today. They're not exactly in the same category, but somewhat close enough uh to be in memory and then storage uh plays as far as AI data center demands.
Next up, guys, into today's earnings, WDC. Now, you see WDC right now closed at 354, currently trading around 350 bucks. Let's check out the after hours to see exactly what's going on here.
All right, WDC initially big pop up here to 36947, but as you see, gave it all right back up. That's just been the story of the day today, guys. any little bounces sold straight into a lot of investors eager to get out of the markets uh before going into the weekend.
So, if this selling pressure persists, look at this incredible uh multifactored level of support. We got previous pivot highs back here at 30750. If you want to be aggressive, there's even pivot highs right around a breach of $320.
In addition, we've got a declining trend line that has caught price action and provided bounces each previous attempt. And we have an X marks the spot in essence right down here 307 down to 301.
That should be a solid level of support capable of providing a near-term bounce on WDC. Also notice right here around 312. We've got a gap fill level too. So I anticipate the live day trading room to be attacking this tomorrow should we see some further selling pressure on the chart of WDC.
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