Verified Investing on $WDC (Nov 5, 2026)
WDC broke a declining trend line from June 9 and an inclining trend line from October 2025 and filled the March 31 gap, nearing the 78.6% fib retrace with RSI at 28.76. A bounce is due; a move to that trend line is about 40 points on a $260 stock, a very nice near-term gain, and the speaker expects it to go higher.
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Next up, another nasty sell. WDC now breaking both with today's price action. this one declining trend line from June 9th that has provided bounces on one, two, three, four different occasions just blew right through it like it didn't even exist.
And then in addition, it blew right through this inclining trend line that has been hit now for a fourth time. Now, this inclining trend line dating back to October of 2025. And notice how that's now brought price right amongst all of this consolidation.
Filled this gap as well here from March 31st, but is approaching this 786 fib retrace with an RSI at 28.76. That level to pay attention to tomorrow, 25961. Any sort of bounce right here can pull price right back up to this trend line, but then I anticipate it going higher.
But still, if it only just got up to this trend line, that's at $34. Considering that would be about a 40 point move on a $260 stock. That would be a very very nice gain in the near term. Should be due for a pending bounce.
What this channel has said about $WDC
Verified Investing has 6 calls on this stock; only the adjacent ones are shown.