4STX trade ideas
Seagate Tech Upgraded to Outperform $stx
Reversal potential from oversold conditions
Strong support found on Friday.
Upside target $53
P/E ratio 7.78
Short interest 5.2%
Average analysts price target $58
Company profile
Seagate Technology Plc engages in the development, production, and distribution of data storage products and electronic data storage solutions. Its products include hard disk drives, solid state hybrid drives, solid state drives, peripheral component interconnect express cards, serial advanced technology attachment controllers, storage subsystems and computing solutions. It offers its products under the Backup Plus and Expansion product lines, and Maxtor and LaCie brands. The company was founded by Finis Conner, Syed Iftikar, Doug Mahon, David Thomas Mitchell, and Alan F. Shugart in 1978 and is headquartered in Dublin, Ireland.
Trading Range We wait for a brake in the next sessions, strenght of last candles are a positive sign.
We put a Stop below the green line.
$STX Indecision in Seagate pre earnings, after WDC selloff Currently attempting a breakout to all time highs as earnings approach, but the sentiment took a hit today as Western Digital issued poor guidance for the remainder of 2019.
They bulls resolve could be tested tomorrow on earnings, wise to sit on the sidelines and possibly trade the breakout if possible.
P/E ratio 8.86
Company profile
Seagate Technology Plc engages in the development, production, and distribution of data storage products and electronic data storage solutions. Its products include hard disk drives, solid state hybrid drives, solid state drives, peripheral component interconnect express cards, serial advanced technology attachment controllers, storage subsystems and computing solutions. It offers its products under the Backup Plus and Expansion product lines, and Maxtor and LaCie brands. The company was founded by Finis Conner, Syed Iftikar, Doug Mahon, David Thomas Mitchell, and Alan F. Shugart in 1978 and is headquartered in Dublin, Ireland.
Seagate Bullish Breakout but watch RSICompany profile
Seagate Technology Plc engages in the development, production, and distribution of data storage products and electronic data storage solutions. Its products include hard disk drives, solid state hybrid drives, solid state drives, peripheral component interconnect express cards, serial advanced technology attachment controllers, storage subsystems and computing solutions. It offers its products under the Backup Plus and Expansion product lines, and Maxtor and LaCie brands. The company was founded by Finis Conner, Syed Iftikar, Doug Mahon, David Thomas Mitchell, and Alan F. Shugart in 1978 and is headquartered in Dublin, Ireland.
STX: Here comes blood!!Disaster, strong USD and plenty of bigger competition. One step at a time.
gl
$STX Seagate Tech Earnings Next Week - Bearish Options Activity$STX Seagate Technologies Earnings Next Week - Bearish Options Activity
Big bearish earnings bet today on Seagate Technologies - with almost 17k $45.00 strike (ATM) March 15th puts traded vs OI of under 3k for total premium of $4.6M. See chart for near and medium term targets - assumes earnings next week is a miss and/or guidance/future outlook provided is below expectations.
Note: Informational analysis, not investment advice.
STX 3 MONTH SYMMETRICAL TRIANGLE3 MONTH REVERSAL TRIANGLE IS FORMED.
BUY : 45
TAKE PROFIT: 50
STOP LOSS: 43.5
Ascending Triangle Pattern on STX 4HRLooking for a break to the upside due to the ascending triangle pattern formation on the Seagate STX 4HR chart. The target is estimated to be at $56.
[STX] Phase 4 -> Don't buyThe price is below to MM30 and it's clearly a phase 4, the RSI is low so don't buy.
To much drama for demand NAND stocksI think time on our side and all semi and memory stock will pullback.
SEAGATE STX Expected to continue Bullish - UpTRent till 70.00 Expected to Continue Bullish Trend
Till 62.86 .. Observe the price pattern
At this level If it could cross this level successfuly
It will easily reach @ 70.00 level
SEAGATE TOO MANY SIGNALS FOR REVERSAL! I'm extremely confident seagate will be making a reversal as well as it is as all kinds of resistance.
