WDC – Flag Breakout Setup with Memory Prices SurgingWestern Digital (
WDC) is setting up for a clean flag breakout, and the memory sector is on fire right now — exactly the environment where these continuation patterns work best.🔹 The Setup:
WDC has been consolidating tightly, forming a bullish flag just under resistance.Price is holding above key moving averages, showing constructive digestion after the prior run.
A breakout here could lead to a momentum expansion.
🔹 Sector Tailwinds (This Is Key):
Memory prices are skyrocketing, and the entire group is catching bids.
MU is leading the charge today.
SNDK is also breaking out, confirming broad-based strength across the memory space.When multiple names in the same group break out together, follow-through improves dramatically.
🔹 My Trade Plan:
1️⃣ Entry: Swing on the flag breakout with confirmation.
2️⃣ Stop: Under the 9 EMA zone — tight, logical risk.
3️⃣ Target: Riding sector momentum — trail stops if the trend accelerates.
Why I Like This Setup:
Clean technical structure + strong sector confirmation.
Memory stocks tend to move in packs — when one goes, others follow.
Risk is clearly defined, upside is open if the cycle continues.
I WILL TRADE THIS 1/3 SIZE very low risk due to the market itself still being shady. We are seeing a lot of stocks pop and drop so i want to really get a feel for the market.
Will not enter
WDC till the close to see if it holds up and how the market is behaving on the ffirst day of 2026Trade active
keeping about half size now. trimmed half the ranges are getting too fast and loose now want to reduce size
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.