At the backlink I was looking for one leg lower before a good bounce could occur but at this point I am also considering the modified count below because WDC has been trading like a commodity and commodities might have just bottomed. Additionally, the monthly chart has just pulled back to the 50 fib which is a logical support spot even if the chart will eventually go lower. Nothing goes straight up or down and WDC is overdue for a bounce.
Other counts are possible here but this is now my primary. This model expects the 50 fib to hold. If it cannot, revert back to the backlink model as primary.
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