Reports of the death of the PC have been greatly exaggerated. Though not PC makers, the hard drive makers are strong with two hitting 52-week highs this week. Seagate (STX) and Western Digital (WDC) hit new highs and stand out on the predefined scans page. A search for STX shows the stock hitting four different scans.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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