TradingView
gamer456148
Apr 30, 2020 12:41 AM

Do a Sensata Selloff at $40 Target Short

Sensata Technologies Holding plcNYSE

Description

First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. Now that we got that out of the way, let me get into my insights. Sensata recently had quite a disappointing earnings report. Revenue, operating income, and earnings per share all decreased at all fronts. This leads me to believe a sell target for $40 should be reasonable as a bearish potential may be quite imminent.
More