WDC: Falling wedge & decent earnings

There's a larger uptrend in play and it is outside of that channel. The falling wedge gives an indication that it may be heading back into the channel. It is sitting at the 52 week low and there's support at this level. Earnings basically hit estimate, though just slightly lower (3.647 est./3.61 actual).

It looks like there's potential here for a breakout.