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Bearish Breakdown Alert On Shares Of $STX

Seagate Technology PLC (NASDAQ:STX) broke major support and investors should see significant downside in the coming days. Seagate Technology fell below a bearish pattern triangle on Monday as seen in the chart below. The downside target is $37.50 from its current price of $42.08. This chip stock is looking ugly and may spell trouble for massive gains on other semiconductor stocks.

Bearish stock chart breakdown on Seagate Technology shares