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American Stocks Analysis
May 13, 2024 5:36 AM

Western Digital Corporations stock (WDC) fell in the intraday levels, while trying to gather positive momentum to rise anew, while venting off overbought saturation in the RSI with negative signals from the RSI, amid the upward medium-term trend, while trading alongside the secondary trend line in the short term, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $76.90, provided the support of $65.90 holds on.

Trend forecast: Likely Bullish

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