Seagate Techonolgy shares were down today more than 5%, following the ugly sentiment in overall stocks. At this level, stock looks ready to break down the $22 mark. The stock has been sitting around 50 day moving average for a week but now with K line crossing below D line and stock closing below its 50-day moving average, there's a chance of new share price drop. So, keep an eye on Seagate shares tomorrow morning for a possible swing trade.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

Labels: STX