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:
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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