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An appreciable increase was recorded for Western Digital, a leading data storage company, which showed a gain of 3.20% compared to previous values. The stock’s weekly performance proves to be more robust than that of the S&P-500, drawing investors’ attention more towards the company rather than the general benchmark index.
The short-term technical situation for Western Digital, a pioneer in the hard disk industry, highlights an improvement in performance. A first area of resistance is identified at USD 73.74, with a potential correction risk up to USD 72.31. The outlook is oriented towards a strengthening of the bullish trendline, with a target in the resistance zone at USD 75.17.