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mid-cap

One NASDAQ- Listed Technology Stock at Resistance Level: CLS

Aug 23, 2024 | Team Kalkine
One NASDAQ- Listed Technology Stock at Resistance Level: CLS

CLS:TSX
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (US$)

Celestica Inc.

Celestica Inc. (NYSE: CLS) is engaged in designing, manufacturing, hardware platform and supply chain solutions. The Company operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS).

As per our previous US Dailies report published on ‘CLS’ on 6th Aug 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 46.88 based on technical analysis and the stock price has now moved by ~14.70% since then and is trading near resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions  and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

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