The Broadening Formation is just one piece of the puzzle. See the full technical breakdown.
Expanding volatility. Sign of instability.
A clear signal has emerged for Western Digital (WDC) on the daily chart. The stock is trading at $746.23, up 4.79% on the day. Price action has carved out a classic Broadening Formation. This setup is supported by strong volume turnover. A potential breakout level is identified at $799.87, targeting $1165.85 with support near $616.88 (R:R 2.0).
What is your outlook on WDC?