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Earnings Collapse Sees $STX Hit Key Support

Shares of Seagate Technology PLC (NASDAQ:STX) hit major support today after collapsing nearly 20% on earnings. The major support level is $32.45 and was tagged in early trading. The stock will likely trade higher off this chart support in the coming days. Look for a near-term bounce back to $35.00 or more.

 

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