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I took the WDC trade, reason the market came back strong, RDRT still showed
weakness and WDC showed strength. WDC closed above its 50 ma simple (
8.835), WDC closed at 8.875.
Objective is only gain about 5-10% on this trade.
WDC-Western Digital
TradeWell,
Joe Frabosilio
Joe Frabosilio wrote:
> These stocks have been beaten up very bad. Today both are possible
> Whiplash setups out of Street Smarts. RDRT is picture perfect.
>
> I MIGHT do this setup, the end of the day will tell me more, also I'll
> wait for a gut feeling.
>
> This is for education only. I do not recommend anyone to trade this if
> they don't know the rules or desired risk.
>
> RDRT- Read Rite
> WDC-Western Digital
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