I decided to combine block analysis (the Wyckoff distribution method or "smart money" in the people) with Elliot wave analysis and got the following picture.
We are in the plane where wave B is now.
Spring 2020 was Shakeout.
At the moment, Western Digital (probably $STX Seagate) are ready to accelerate significantly (on the background of the rapid growth of CHIA?)
The maximum possible increase in $WDC - up to level 2 (201.98)
Take profit on white fibo levels, because the end of the impulse is unknown.
This paper is ready to explode at any moment (the entire growth of the current year will go into HDD mining (it hits RAM, SSD, HDD and multi-threaded processors).
We are in the plane where wave B is now.
Spring 2020 was Shakeout.
At the moment, Western Digital (probably $STX Seagate) are ready to accelerate significantly (on the background of the rapid growth of CHIA?)
The maximum possible increase in $WDC - up to level 2 (201.98)
Take profit on white fibo levels, because the end of the impulse is unknown.
This paper is ready to explode at any moment (the entire growth of the current year will go into HDD mining (it hits RAM, SSD, HDD and multi-threaded processors).