Nearest Resistance: $32
Nearest Support: $28Catalyst: Earnings Meanwhile, hard drive maker Seagate Technology (STX) is seeing heavy trading today after the firm announced a mix earnings report for its fiscal fourth quarter: Seagate reported record numbers for the fourth quarter, but the firm tempered growth expectations for fiscal 2013. >>10 Top-Rated Tech Stocks With Big Dividends While shares opened much lower this morning, they've been clawing their way back up as the trading session progresses. As I write, Seagate is down 4.3% on the day. Despite the lower price, Seagate's trading looks pretty decent. The fact that shares have slowly been climbing higher in today's session means that shares can catch a bid at current prices -- always a good thing. At the same time, longstanding resistance at $32 is pretty near by. I'd be a buyer if STX can push above that $32 level once and for all.
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