As the chart shows, STX has fallen victim to some pretty heavy selling lately along with the other mid/big cap tech names. However, unlike the other stocks, STX was unable to make a stand in today's strong market. I pointed to this stock a few weeks ago as having strong resistance around 29 and I believe that this selling pressure shows this to be true.
I would remain short STX even if we get a bounce here. It's just acting too miserably to cover.
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