Western Digital Corp

WDC is in a Stage 4 decline with price below declining EMAs and confirmed downward follow-through, making selling tactically favorable now, while the long-term uptrend above the 200-day SMA remains intact despite oversold conditions.

• ↑Q4 revenue up 44% YoY to $3.75 B, EPS doubled to $3.56
• ↑Gross margin surged 1,310 bps to 54.4% on higher-capacity drive mix
• ↓Negative earnings yield and book-to-price indicate potential overvaluation