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Western Digital rallies 32.5% but shows signs of possible short-term exhaustion near $800 resistance.

Technical Signals
19 Jun 2026
FXEmpire
View Source
Neutral
pluang ai news

Western Digital (WDC) surged 32.5% last week, reaching a high of $799.87 on record volume, signaling strong buyer interest and continued bullish momentum. However, technical indicators suggest potential resistance around the $787–$812 range, with a bearish candlestick pattern and declining monthly volume hinting at possible short-term exhaustion. The stock has shown an impressive 13-month uptrend but now faces a critical decision point where the trend could either continue or reverse. Investors should watch for signs of either sustained rally or pullback in the near term.

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