WDC — gap-reversal

Summary

Sympathy play for this news. Both chip and storage stocks went down: Chinese memory chip advances raise competition concerns, so semis in the US dropped as they might be behind on the newest tech. 7.1% is great, uptrending earnings too. It didn't dip the way I was expecting, but instead it made a quick push, pulled back a bit, and I took my entry there, with a stop at the low of the pullback. I sold half at the last high, and I was hoping it would consolidate above the breakout and then push again, so I had a tight stop for it and got out almost at the same place.