Signal Says Buy the Dip on This Tech Stock
STXSeagate(STX) Schaeffers Research·2024-01-11 03:57

The shares of Seagate Technology Holdings Inc (NASDAQ:STX) ended the year with 10-straight weekly gains, during which time the computer hardware name saw a Dec. 14 one-year high of $87.93. Though STX is already down 4% since the start of the year, it might be time to buy the dip on the tech stock. The slow start to 2024 has Seagate Technology stock within one standard deviation of its 50-day moving average, a trendline that has been bullish in the past. Over the past three years, STX has seen six similar si ...