Resistance

Daily

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>STX stock chart shows a breakout as it surpasses the $65 hurdle.</a> </li> 
 <li> <span>2</span> <a>Buyers are rescuing the gains and attaining fresh momentum.</a> </li> 
</ul> 
<p>Seagate Technology Holdings PLC (STX stock) shows a breakout above the hurdle of $65 and indicates a positive outlook on the charts. However, the price is near the immediate hurdle of $70, which, if surpassed, leads to extending the rally toward further trajectory swings of $75, followed by $84.&nbsp;</p> 
<p>Moreover, the buyers actively participating in the surge showed a massive volume spike. STX stock has gained momentum post-release Q2 earnings, as per the estimates. Afterward, buyers accumulated the stock and escaped the pattern neckline of $63.</p> 
<p>Moreover, the price action shows that STX stock has entered the bullish territory and initiated a fresh bull move showing a positive outlook and a rise in the following sessions. Furthermore, the price trades above the significant moving averages and a golden crossover was noted on the charts.</p> 
<p>Seagate Technology Holdings PLC operates as a holding company engaged in developing, producing, and distributing data storage products and electronic data storage solutions.&nbsp;</p> 
<p>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. The firm offers products under the Backup Plus and Expansion product lines and Maxtor and LaCie brands. The company was founded in 2012 and is headquartered in Dublin, Ireland.</p> 
<p>At press time, STX stock price is trading at $68.51 with an intraday gain of 2.58% showing bullishness on the charts. Moreover, the trading volume remained at 2.890 Million, and the market cap is $14.187 Billion. However, Analysts maintained a buy and outperform rating and suggested a strong growth outlook for the following sessions.</p> 
<h2 class="wp-block-heading" id="strong-stx-stock-peeks-bullishness-on-daily-charts-strong"><strong>STX Stock Peeks Bullishness On Daily Charts</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/x5JnHmYVigBtRE85PIjaICrp-AOI8uNXz6t9Od7EFYSXKRcfO5lGqWpjXavl5pCFkxLhscAnXrNKuqre90Ys8mTcISAt7cO_K3mQ7F1XhVINmrXqCKWwA9N6MEE556RHmcsCAHn4ylr26h7bBOl7zQ" alt="Source: STX Stock Price Chart At TradingView"> 
  <figcaption class="wp-element-caption">
    Source: STX Stock Price Chart At TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>STX stock price has been in the range and traded below the 200-day EMA for months. Bulls showed their aggression and surpassed it, attaining momentum and lifting the gains from the last sessions. However, it might be challenging for the buyers to transcend the immediate hurdle of $70, where sellers maintained their grip.</p> 
<p>As per the Fib levels, STX stock price is trading above 38.2% but near 50%, existing at $70, which buyers are willing to surpass to attain strength. Moreover, the price is near the upper bollinger band and shows a positive outlook on the charts.</p> 
<h2 class="wp-block-heading" id="strong-technical-indicators-shows-buyers-dominance-on-short-term-charts-strong"><strong>Technical Indicators Shows Buyers Dominance On Short Term Charts</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large is-resized"> 
  <img decoding="async" loading="lazy" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45-1024x481.png" alt="Source: STX Stock Price Chart At TradingView" class="wp-image-157762" width="1142" height="536" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45-1024x481.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45-300x141.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45-768x361.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45-1536x722.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45-750x353.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45-1140x536.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/08/image-45.png 1600w" sizes="(max-width: 1142px) 100vw, 1142px"> 
  <figcaption class="wp-element-caption">
    Source: STX Stock Price Chart At TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>On the 4-hour charts, STX <a href="https://www.thecoinrepublic.com/2023/08/07/agnc-investment-stock-price-prediction-will-agnc-hit-15/" target="_blank" rel="noopener noreferrer nofollow">stock price</a> has surpassed the key moving averages, indicating that buyers have attained their strength and initiated a fresh long buildup leading to bullishness in the last sessions.&nbsp;</p> 
<p>The RSI curve stayed in the overbought zone, and a positive divergence was noted on the charts signalling a rise toward $75 in the following sessions.</p> 
<p>The MACD indicator persisted in forming green bars, and the bullish crossover noted on the charts indicates buyers are gaining traction and looking to overtake the primary hurdle of $70.</p> 
<h4 class="wp-block-heading"><strong>Conclusion:</strong></h4> 
<p>Seagate Technology Holdings PLC (STX stock) has been showing bull moves and ruling the gains gaining momentum. Moreover, it surpassed the trendline of the symmetrical triangle pattern and looks strong on the charts. However, buyers need to beat the hurdle of $70 to resume the bull rally.</p> 
<h5 class="wp-block-heading"><strong>Technical Levels:</strong></h5> 
<p>Support Levels: $60 and $55</p> 
<p>Resistance Levels: $72 and $80</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Will STX Stock (NASDAQ: STX) Continue to Consolidate Above $70?

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