January 09, 2013 at 18:37 PM EST
Seagate Stock Surges 6% On Prerelease Of Q2 Revenue
Seagate enjoyed a high-volume boost Wednesday, fueled by a pre-release of its fiscal Q2 revenue results. Seagate, registered in the U.K. and one of the two giants in the hard-disk-drive manufacturing business, shot up 6% in double normal volume. Even with this big gain, Seagate is still building the right side to a cup-shaped base. The pattern so far runs 21 weeks long and 30% deep. Heavy-volume down weeks within the cup are equally offset by
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