Saturday, August 29, 2020

WDC stock: 100 share purchase back - learn sell/ buy pattern

 August 29, 2020

Introduction

It is important for me to learn something along the way to invest on WDC stock. I learned from ENBL since I missed 800 shares for each share $1.00 dollars gains after I sold it. So after near one month, I sold 100 shares of WDC after it rebounded. I need to get back. 

WDC 50 day average 

Yahoo->Finance->Chart 

indicators->Moving average ->50 days

Candle -> show gains or losses using candle

I learned the video talking about 40 day average. I also used Yahoo -> Finance -> chart -> 50 day average, WDC stock has $40.00 50 day average. 


I like to take loss of $100 dollars to purchase back those 100 shares of WDC. 

I will set up purchase of 300 share of WDC back, learn how to make plans. 

Volume

August 28, 2020 volume  11,739,200
August 27, 2020 volume    6,727,900
August 26, 2020 volume    4,202,300
August 7, 2020 volume    10,240,900
August 6, 2020 volume    33,840,400

Institution buyers/ seller 
August 6, 2020 at least 25,000,000 shares sold
August 7, 2020 at least   3,000,000 shared sold

August 28, 2020 at least 6,000,000 shares purchased

I guess that there are another 22,000,000 shares to purchase in short future. 

Actionable items


Next time if I like to sell stocks, I should try to look into 50 days average, and also check volume/ price chart before I made decision. 


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