Seagate Technology Stock Received Upside from Morgan StanleySeagate Technology Holdings Plc, known for its expertise in designing and manufacturing data storage devices, has recently received the attention of Morgan Stanley analysts and is earning a positive outlook. This endorsement comes amid expectations of the company reaching new price highs and making significant advancements in data storage technology.
Morgan Stanley's optimism is partly driven by the ongoing recovery in the data centre market, which is expected to continue. The upcoming cycle of storage hardware upgrades and the burgeoning demand for artificial intelligence (AI) technologies presents a fertile ground for Seagate's growth. As AI services often rely on extensive databases, the demand for substantial storage solutions becomes apparent, positioning Seagate favourably within the market.
Given this positive backdrop, a technical analysis of Seagate Technology's stock (STX) could provide valuable insights into its future price movements.
On the daily (D1) chart, Seagate's stock has established a support level at 85.26 USD and a resistance level at 98.80 USD, creating a wide trading channel with potential for an upward breakout. This pattern suggests a bullish outlook, with the stock potentially breaking through the resistance level and reaching new highs.
For traders looking at the hourly (H1) timeframe, a breach above the 98.80 USD resistance level could indicate a favourable entry point for long positions. A short-term price target is identified at 106.80 USD, with a medium-term goal extending up to 117.69 USD if the stock maintains its momentum beyond the initial breakout.
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STX
STX / USDT FUTURES LONG ON SIGHTRight now i am in short position opened nearby last high, but i don't see strong reaction in this place. I will try to look for LONG positions and maybe some additional bags for my spot account.
Actual downward movement leaves so much liquidity to grab - means that it don't have much power/momentum.
We also need spring in this little reacumulation (if it's it)
I don't know if the price will come there in recent hours, days or in weeks or months.
I will try to seek long in golden hot zone
Target - new high
STX/USDT bullish reversal form key support? 👀 🚀STX analysis💎Paradisers! #STXUSDT looks like it's getting ready to climb. If it can keep up its energy at a crucial support level $2.3741 and bounce back, there's a good chance it'll start moving up, aiming to get past a big obstacle.
💎 Watching Closely: Right now, the price of #STACKS is heading towards an important level, and we're waiting to see how it behaves. Being patient and keeping a sharp eye out is crucial in trading. Looking back, we've seen the price respect this spot twice. However, on its third approach, a break occurred due to factors like Fair Value Gap (FVG), liquidity and OB right below the support.
💎Plan B: As smart traders, we always have a backup plan. If our hope for a rise at this spot doesn't happen and the price falls further, we'll change our game plan. We're looking at a potential bounce back from a lower spot at $2.0669, attracted by some strong market interest there that could push the price up again. If it falls below this, we might see it drop more.
💎 Flexible Moves: Paradisers, this situation shows why it's important to be flexible with our trading strategies. By watching closely and being ready to change plans based on what's happening, we set ourselves up for success. Your ParadiseTeam is here to help guide you through these market waves, making sure you're ready for whatever comes next.
#STX/USDT#STX
The price is moving in a triangle on the 12-hour frame and we have a green support area at the 2.50 level
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the triangle
The RSI indicator has a downtrend that is about to break higher
Entry price 2.78
The first target is 2.90
Second goal 3.11
Third goal 3.33
The last bullish chance of STX in Mid term!Hi.
BINANCE:STXUSDT
😊Today, I want to analyze STX for you in a 3D time frame so that we can have a Mid-term view of STX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
STXUSDT produced an inverse Head & Shoulders on 3D and is about to break out the neckline of the one💡
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- HEAD and SHOULDER
- AB=CD
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$stx stacks rounded bottom pattern... Bigger Picture!NASDAQ:STX Stacks price action is currently forming a rounded bottom pattern on the weekly timeframe!
Current price: $2.9
#stacks price action is around it's previous all time high of 2021, forming a neckline resistance between 2.7-2.9.
NASDAQ:STX continuous rejection of neckline resistance will make for buy the dips opportunities at these supports: 2.4, 2.2, 1.8
Else A break out neckline resistance will lead to price discovery with resistances: 3.3, 3.6, 4.0, 4.4, 4.7, 5.1, 5.4
STX (Y24.P1.Video2).We are going ParabolicHi Traders,
We have hit our ATH and hence in price discovery.
We only have elliot wave and fibonacci as our toolset to forecast levels and targets.
Really depends on what BTC does for this to play out as well.
I explain the 2 scenarios that I have as a general approach.
Please give me a like and share,
Regards,
S.SAri
STXUSDT - Channel ContinuationI expect this up channel to maintain with these similar peak patterns within the green lines preceding the bull move
The only real question is will there be another move down to the bottom of the channel for a retest again (as shown on this chart) or will it break out straight away.
Bullish.
STX Second launch loading Anyone who follows me knows i love me some STACKS. Last trade nailed my target and gave us a few more. We can see now price coiling up inti a pinch zone. We have tested this level a few times as support and looks to be ready for another run up. I would like to see macd and rsi break mid and base level then I'll be happy with another run with target of 3.50. Just keep in mind its very correlated to BTC and will be submissive to BTC moves
Feel free to comment or please boost if you agree Thank you
Stx Weekly Brake Out @the Golden PocketThis is a weekly chart of STX. Looks like there is a brake out from the golden pocket on a weekly chart.
Looking at the first bull run for STX end up being a measured move that was a double of the range.
Appears to be setting up for ABC retracement of the previous bull run.
STX is closely tied to BTC. There is a macro btc cycle chart attached below
STX/USDT Could STX continue upward movement or Downward?💎 STX has recently captured significant market interest. Currently, STX is showcasing a positive trend, having broken through a key resistance level and now undergoing a retesting phase at a support level that previously acted as resistance.
💎 There is the probability for STX to resume its upward trajectory, aiming for the strong resistance area near its all-time high.
💎 However, should STX falter in its ascent, a reverse trend might ensue, leading it back to the support area for a potential rebound.
💎 In this crucial support zone, STX must demonstrate resilience and bounce back to maintain its upward trend. A failure to hold above this support level and a subsequent breakdown could be a negative indicator, signaling a possible shift to a bearish trend.
💎 This could lead to a downward movement towards the demand area, and potentially even to a more substantial support level. Such a development would require close observation for its impact on STX's market direction.
STX/USDT SPOT buy/sell zoonesMy minimal target for STX bull run is previous height above 3,66$.
I dont feel too much pressure tu buy STX becouse i bought mine at 0.5$ but if i would buy more it will be this places.
BUY
First buy zoone is a bit risky but it's the most recent and seems better than the lower one. Double green marked zoone means that this place is best of this whole area.
Second buy zoone I dont trust this zoone. Of course i will seek long in this place if the chart will form liquidity above the box but i am not that confident to set there positions with chill. I am worried about recent similiar lows (3 in this case, for me must have to push below)
Gold zoones are places that i am the most confident about future movement from this places. If price reach this place it can't rail it without any stop. But even if they look best for trades we don't have guarantee that the price will be there in near future.
SELL
Sell zoones are not easy to find there becouse this coin had big dump after release. Gold zoones above actual price defines places where Imbalances(FVG or few of them) and breaker/order blocks combine. I won't place sell orders there, i will seek for the distribution
There are two big sell zoones marked. 1st one is more real, x3 will make STX reach 30bil$ MCap which i think is real target in bull run.
MATIC IS BACK - VOLUMEThank you for reading our update. Please remember that this is not advice for trading.
MATIC Looks to have a new uptrend volume
STX strategy against BTC (Y24.P1.Video1). Some surprisesHi Traders,
It came to my attention that maybe I should trade STACKS #STX with BTC in mind every time.
Along the way, I found another reason to short BTC at 54.500 k range and hence STX might be a better choice.
Here are the reasons.
Please give me a like and share.
Cheers.
S.SAri
STX/USDT Bullish ride boom from demand?🚀 STX Analysis💎 Yello ladies and gentlemen! Get ready for an exciting chance with #STXUSDT as we've spotted it bouncing around in a range, hinting at potential price movements ahead.
💎 Checking out #STACKS, it's been giving a nod to its short-term resistance (RI). We're eyeing a bullish leap from the demand zone at $1.4324, but that's banking on the price keeping up its energy at this level. If it manages to do so, we might just see it bust through RI and embark on a bullish journey.
💎 Ready to catch every opportunity? Keep your eyes peeled if the NASDAQ:STX slips below the DZ. In that case, a cool, calculated wait for a bullish swing from the lower demand zone at $1.1776 is the move, thanks to the juicy liquidity waiting there. Dipping below that? Brace for a possible dip.
🚀✨ Quarterly Crypto Chronicles: Top-3 Altcoin Triumphs! 🦄📆🔄 As the seasons change, so do my Top-3 crypto spot holdings. It's a tri-month (qyuarterly) tradition, a strategic dance with the markets that I've fine-tuned over cycles of highs and lows. 🔄📈
🔙 Last November, this ritual bore exceptional fruit, yielding what I proudly regard as the pinnacle of the past 24 months. Here's a flashback to those stellar performers:
🚀 Stacks (STX): Soared to a 306% return, a testament to our collective analytical prowess.
👑 Tao Bittensor (TAO): Ascended with a regal 627% return, crowning it the king of my picks.
🧠 Fetch AI (FET): Demonstrated its digital intellect with a solid 117% return, reinforcing its place in our digital dominion.
These aren't just numbers; they're the fruits of our shared journey towards financial enlightenment. 🌟💡 a lot of the research i did was here or started here, on Tradingview.
🔄 As the time comes to shuffle the deck for the next quarter, I invite you all to join this forecasting fiesta. What's your take on the potential market leaders? 🎲🔮
Many have speculated whether XAI will grace my next Top-3. Despite its allure, I'll drop a little spoiler: 🚫 XAI won't make the cut. I'm eyeing other unicorns prancing on the horizon with even brighter prospects. 🦄✨
🤝 I'm all ears for your picks! Let's exchange insights and forge ahead to a quarter of informed, strategic trades. 🔄🤖
PLEASE Remember: while the sparkle of leverage can be tempting, it's the steady climb of spot holdings that builds lasting wealth. I prefer the solid ground of spot trading over the tempestuous seas of leverage and my 20% leverage -80% Spot is going to 90-10% for the next year– it’s about playing the long game now that the Bull run unfolds. 🛡️✨
Stay wise and don't let the allure of leverage dilute your strategy. Stick to the fundamentals, and let's ride the next wave of success together. 🌊🚀
3x3x3x3= 81 (that's if your selection can triple for 4 quarters in a row)
One Love,
The FXPROFESSOR 💙
STX IS CLEAR FOR LAUNCHLook at this weekly chart. What can i really say about it that you cant already see. And well if you cant then its time to buy some more. Holding up to the trend you can see price this week with a strong bounce to the topside. New ATH? possible. This is one of my best preforming investments. Bought this well under a dollar and i dont think it will ever see red. Its a big bull for me on STX