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Medric
Sep 8, 2016 3:12 PM

Seagate Long

Seagate Technology Holdings PLCNASDAQ

Description

Stock has broken its downtrend.
Above 200d moving average.

What I like: Stock has stabilised above the moving average for almost one month and is now ready for the next step.

Fundamentally: Harddisk remains the number one source for saving data - because it is the cheapest...and data volumes continue to grow, as well as the need for backups, etc.

Happy Trading
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