Morning chart- WDC a possible short?

Hello Everyone,

WDC which has broken thru the 21 day ma also broke support around the 97.5 area. Watch this one going forward for a possible short play

Possible target may be the 80 to 85 level, watch this going forward if you are bearish.

Moderate IV suggests a long put option or put spread.

Subscribers please check website as we have important information regarding the ETF model!

WDC Chart:

Posted to Stock & Option Scout on Mar 26, 2015 — 8:03 AM

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