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Analysis: #NASDAQ $WDC

Case 52 #WesternDigital Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#WDC 1/5
Western Digital is bearish and heading lower towards $38 and possibly $33.90 to mark a new low for the year. However it is still #bullish in the long term.

WDC 2/5
Chart 1
Monthly Chart: The main #support and #resistance zones marked out. The #SMA50 acting as a resistance as price trades further away. Strong #trendline support at 23.00.

WDC 3/5
Read 5 tweets
06/01/2019 - 78 years ago today, the longest-serving #UnitedStates #President, #Franklin D. #Roosevelt (#FDR) addressed the 77th #Congress with his "#Four #Freedoms" speech with the intent to shift #US #foreign #policy from that of #neutrality to #interventionist.
#FDR promoted the idea that the people of the world, in all nations, shared entitlement to four freedoms: that of the freedom of speech and expression, the freedom of worship, the freedom from want and the freedom from fear.
#FDR is arguably one of the most 'successful' #US Presidents. Some would argue that on the basis of his numerous social policies such as 'the New Deal'. Others, however, would argue that his role during the second world war was more prevalent to his success & everlasting legacy.
Read 39 tweets

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