StockCall Early Morning Insight into Seagate Technology, SanDisk, Western Digital, and OCZ Technology

Wed Mar 20, 2013 8:08am EDT

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LONDON,  March 20, 2013  /PRNewswire/ --

The data storage devices industry has seen a significant increase in demand for
solid-state drives (SSDs). Demand for SSDs is mainly being driven by the shift
to tablet computers. With more and more users switching to tablets from PCs,
SSDs are expected to remain key growth driver for data storage companies such as
Seagate Technology Plc (NASDAQ: STX), Western Digital Corp. (NASDAQ: WDC),
SanDisk Corporation (NASDAQ: SNDK), and OCZ Technology Group Inc. (NASDAQ: OCZ).
On Tuesday, data storage devices stocks ended on a mixed note as the broad
market struggled amid ongoing concerns over the Eurozone debt crisis. StockCall
has issued technical analysis and charting reports on STX, WDC, SNDK, and OCZ.
Download these free reports now at

Shares of Seagate Technology Plc fell sharply in Tuesday's trading session. The
stock fell to an intra-day low of  $34.09  before paring some of the losses to
finish the day 2.55% lower at  $34.39  on volume of 4.44 million. Seagate
Technology's shares have now fallen more than 4% in the last three sessions.
Despite the recent decline, the stock has outperformed the S&P 500 this year,
gaining more than 13%. The company's shares have seen a pullback after failing
to break through  $36  resistance level. Recent volume activity suggests that
market sentiment has turned bearish on the stock. Download the free research on
STX today by registering at

Shares of Western Digital Corp. also edged lower on yesterday, extending their
losses from the previous sessions. The stock ended the day 1.49% lower at 
$48.86  on volume of 2.43 million. It has fallen more than 3.60% in the last
three trading sessions. Western Digital's shares are still trading close to
their 52-week high of  $51. The stock currently has strong support at around 
$48. The company's shares have gained nearly 15% this year, easily outperforming
the broad market. Sign up and have access to our free report on WDC at

Shares of SanDisk Corporation edged higher in trading on Tuesday even as the
broad market struggled. The stock ended the day 0.42% higher at  $54.64  on
volume of 3.20 million after touching an intra-day high of  $55.18. SanDisk's
shares are currently trading close to their 52-week high of  $55.45. The stock
has seen a series of highs over the last few trading sessions, which is a
bullish signal. The positive trend is further confirmed by recent volume
activity. The tech company's shares have ended higher in all but one of the last
twelve trading sessions. Sign up and read the complimentary report on SNDK at

Shares of OCZ Technology Group Inc. fell sharply in yesterday's trading session,
ending the day 2.94% lower at  $1.98  on volume of 938,860. The stock fell to an
intra-day low of  $1.96. Despite the sharp decline on Tuesday, OCZ Technology
Group Inc. shares are still up more than 3.60% so far in 2013. The stock is
currently trading at its 50-day moving average but below its 200-day moving
average. OCZ Technology's shares have been facing resistance at around  $2.25.
The stock's MACD is currently trading above the signal line and the zero-line,
which is a bullish signal. The free report on OCZ can be downloaded by signing
up now at   

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