Thursday, February 27, 2014

Sensata Technologies Holding N.V. (NYSE: ST)

Sensata Technologies Holding N.V, through its subsidiaries, engages in the development, manufacture, and sale of sensors and controls primarily in the Americas, the Asia Pacific, and Europe. The company operates in two segments, Sensors and Controls. The company offers its products primarily under the Sensata, Klixon, Airpax, and Dimensions brand names. It serves original equipment manufacturers and suppliers in the automotive, industrial, and commercial end-markets; and industrial and commercial manufacturers and suppliers in the climate control, appliance, semiconductor, datacomm, telecommunications, and aerospace industries, as well as motor and compressor suppliers.
Please take a look at the 1-year chart of ST (Sensata Technologies Holding N.V.) below with my added notations:
1-year chart of ST (Sensata Technologies Holding N.V.)
For the most part, ST has been trading sideways for the last (7) months. The two most common price levels on this stock during that period of time have been $37 and $39. Each of those prices has been support and/or resistances multiple times. In addition, $41 has been hit as resistance on (2) different occasions and would be a 52-week high if ST could break above it.

The Tale of the Tape: ST is currently trading between $39 and $41. A long trade could be made on a pullback to $39 or on a break above $41. A short trade could be made on a break below $39.
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