2024-02-15 04:59:11 ET
Summary
- Western Digital Corporation reports strong financial growth in Q2 2024, supported by strong performance in the Cloud and Consumer segments.
- The company expects a strong recovery in 2024 due to the strong performance of the Cloud segment and effective cost management strategies.
- WDC stock price is consolidating within a wide range, but historical price action remains bullish, indicating potential for future growth.
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Western Digital: Technical Trends Point To Further Consolidations