Follow the trend. Go on a weekly time frame and follow the trend. Day traders maybe there’s some pennies left for you to make but investors it’s time to be out and wait for the crash. Yes. Crash. Way to high.
Looks like the $1.9T is having a strong effect on the market again. Lots of stocks showing bullishness!
STX is about to breakout of an up-sloping flag pattern.
Target profit 1 is $82-83 (calculated from the bottom of the previous swing low at about $58 to resistance at $64 i.e. a $6 move.)
Since there's no resistance, watch for reversal pattern at the Daily...
nice wedge breakout on the 4hr w some class c bullish divergence on the macd and rsi. tight stop as this is not a value area but if u can even believe it this is part of a bigger breakout on the weekly, the measured move of the weekly wedge is like $115
Seagate Technologies has been in a correction since mid-December, but today it made a bullish break across a trend line that has held for about 4 weeks. Seagate is one of the better values in the technology space, with a dividend payout of over 4.5% and about 11% upside to its median earnings-day valuation of the last 3 years. It's a highly innovative company,...
Insider selling of $86 Million final three days of December.
I anticipate an attempt at regaining $63 on Monday by this one and this is where I plan to initiate a short position by using February or March Puts.
Disclaimer: Not trading advice.
STX
Hey investors, SEAGATE TECHNOLOGY is in a bullish configuration with low buy volume issued and a hammer bull candle. We see that the 1 Min TIMEFRAME results in an inverted hammer candle, which is heading towards its next low. And come back in a price increase, there is a great chance to come on the next higher. See the TIMEFRAME 4H and if the buyers are still...
