Disk Drive Stocks Dive After Seagate Earnings This morning, leading data storage and disk drive maker Seagate Technologies PLC (NASDAQ:STX) reported earnings. Today, the stock is trading lower by $1.46 to $33.88 a share. STX stock is now trading down to its recent daily chart double bottom from October 13th, 2016. This level seems to be holding as support so far today. Should this support level break the next near term support level for STX stock will be around the $31.34 level. Western Digital Corp(NASDAQ:WDC) is another leading stock in the disk drive sector that is trading lower in sympathy to STX today. Nick Santiago InTheMoneyStocks
Not So Super Sonic Corp (NASDAQ:SONC) This morning, the leading fast food restaurant company Sonic Corp (NASDAQ:SONC) is plunging lower by nearly 5.0 percent. Last night, SONC reported earnings below forecast and signaled weak guidance. Traders should watch the $19.35 level in the coming days as a major daily chart support level. This is an area where Sonic Corp (NASDAQ:SONC) could see a bounce in the stock price. Nick Santiago InTheMoneyStocks