$STXBear claim
Verified InvestingANALYSTJul 9, 2026The claim
“Seagate's bounce is a retrace to broken support, now resistance around 965; expect a rejection at that level.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
STX is very similar here. Big gap up today. Here's that same trend line break that we saw on Micron. We're now bouncing back. This trend line right here. Great level at around 965. It's a retrace to the scene of the crime.
And there's also a gap fill right here as well. So that would yield a multiffactor resistance level. Good probably for a day trade as well as potentially a swing trade.
The structured call
Direction
Bearish
Catalyst
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Target
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The receipt
Publish-day price $$812.73 · the claim is anchored to the moment it was said.