WDC

"WDC is currently trading near its resistance level of $173.00 with a sideways trend and bearish market regime, making it a suitable candidate for a short position. The RSI is bullish but nearing overbought territory, suggesting potential for a reversal. The MACD shows bearish momentum, aligning with a short bias. Given the proximity to resistance and the bear market context, a short trade is favored with a target near the support level of $147.70, providing a favorable risk/reward ratio."