Seagate STX

StockSeagate · STX perp · BingX

$634.36-5.36% 1D

Lines are each pattern's own boundaries (support, resistance or neckline; grey = the pattern's swings), drawn only on the timeframe where it formed.

Minimum target (book measuring rule)Magee stop

Candles: BingX perpetual contract.

Prices are BingX STX perpetual-contract prices that track Seagate; they are not official exchange quotes and can differ from them, especially outside US market hours. Weekend and US-holiday candles are left out. Not investment advice.

Chart patterns

Breakouts & breakdowns

3-month up trendline · 3 testsBroke down · retested 7d ago1D
Ch 14: a rising line through the bottoms, drawn on two lows and confirmed by a third test. Confirmed by a close about 3% below the line ($706.699). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $1,019.77, 6.8% beyond the last minor top.
2-month head and shoulders top · 2 testsBroke down 9d ago1D
Ch 6: three rallies with the middle one (the head) highest; the neckline joins the two reaction lows and may slope. Confirmed by a close about 3% below the neckline ($799.477). The book gives no measuring rule for this one. Magee stop (Ch 27): $1,019.88, 6.8% beyond the last minor top.