Western Digital Corp (Derivatives) (WDC)

We get one nasty down day in the memory group and instantly everyone is trying to buy the first dip.

Volatility expands, and now people are chasing $WDC up nearly $20 in after hours. Makes me think the crowd might have a lesson to learn in the morning.

One day doesn't make a trend, but the eagerness to buy every dip after a single selloff is exactly the kind of behavior that often gets punished.

If today wasn't THE TOP at the very least it needs to build out of new base. $WDC

$STX also showing some relative weakness compared to $MU $SNDK today.

$WDC down to $390 last nigh LOL....