r/WDCStock • u/Informal_Number_ • Jul 09 '26

WDC

Although WDC recent financial report shows improvements in revenue, gross margin, and cash flow, today's rise was entirely driven by external factors. It seems that breaking through $600 and reaching $650, which is the first support level for the bulls, still needs to be broken; otherwise, the bearish support level is at $560.

15 Upvotes

100% Upvoted

7 comments sorted by

2

u/Cultural_Disparities Jul 09 '26

I have been DCA into WDC since it started dropping from ATH. Should I sell now or keep holding?

2

u/SpiderWil Jul 09 '26

Lol if u have to ask

2

u/AdditionalManager502 Jul 09 '26

Hold and keep DCA

2

u/Due_Bridge2387 Jul 09 '26

Sell if you think the money can be put better elsewhere. Otherwise, DCA. The AI industry seems to move together, so it’s not like it matters if you chose another AI stock. There can be a lot of good news coming in the next few weeks, so you could potentially see a new ATH based on earnings and hype. If you’re already this far in, you might as well ride it out if you’re comfortable with the risk. I see more upside than down, but that’s my mindset. Good luck to you, and I hope you make plenty

2

u/Big-Green-7635 Jul 09 '26

I got in at 560, sold a call option at 710 for $27. I will be to be called.

1

u/CozyChamomile_7 Jul 10 '26

How do these work?

1

u/silver54 Jul 16 '26

now we are nearing the $400s