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Market Sentiment (Stocks on NYSE, NASDAQ, AMEX)
Unchanged
375
Decliners
4981
Advancers
3500

Dec. 7, 2016, 3:27 p.m. EST

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About Harry Boxer

Harry Boxer is author of TheTechTrader.com, a real-time diary of his trading ideas and technical market analysis. He has more than 40 years of Wall Street investment and technical analysis experience, including eight years on Wall Street as chief technical analyst with three brokerage firms. Former chief technical analyst and columnist for AmericaInvest.com and winner of the 1995 & 1996 worldwide Internet stock-market trading contest, "The Technical Analysis Challenge," Harry is widely syndicated and a featured guest on many financial programs and sites.

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By Harry Boxer

Continued from page 2

Western Digital

Western Digital Corporation /zigman2/quotes/204213617/composite WDC -3.38%  had an inside day on Tuesday (remaining within the price range from Monday), up another 1.76, or 2.8%, to 63.85, on 4.7 million shares traded. It also looked good in afterhours with a great report, running all the way to 68.00 before backing off to consolidate in a nice bull coil. The stock, which is in a rising channel off its May low under 35.00, looks like it wants to go higher. There's strong resistance at 69.00-69.25 that it could approach as early as Wednesday morning.

Check out Harry’s video analysis of this stock on the last page.

/zigman2/quotes/204213617/composite
US : U.S.: Nasdaq
$ 55.09
-1.93 -3.38%
Volume: 5.21M
Jan. 25, 2022 4:00p
P/E Ratio
11.63
Dividend Yield
0.00%
Market Cap
$17.77 billion
Rev. per Employee
$275,168
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