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Celestica Inc T.CLS

Alternate Symbol(s):  CLS

Technology
Celestica Inc. is engaged in designing, manufacturing and providing hardware platform and supply chain solutions. It delivers supply chain solutions globally to customers in two operating segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of its ATS end market and is comprised of its Aerospace & Defense (A&D), Industrial, HealthTech, and Capital Equipment businesses. Its Capital Equipment business is comprised of its semiconductor, display, and robotics equipment businesses. The CCS segment consists of its communications and enterprise end markets. The enterprise end market is comprised of Celestica’s servers and storage businesses. It offers a range of product manufacturing and related supply chain services to customers in both of its segments, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, and systems integration.


TSX:CLS - Post by User

Celestica Inc
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Post by bossuon Nov 26, 2021 8:26pm
273 Views
Post# 34171318

Good place to put some ''powder''

Good place to put some ''powder''t have been in this morning !

Monica Rizk
MONICA RIZK AND RON MEISELS
SPECIAL TO THE GLOBE AND MAIL
FOR SUBSCRIBERS

Celestica Inc. 

CLS-T -3.08%decrease
 
(Friday’s close $13.84) declined from $19.94 in April, 2017, to $8.26 in June, 2019 (A-B), and then stayed in a horizontal trading range mostly between $7.50 and $12.00 (dashed lines).

 

The recent rise above the top of this range signalled a breakout and the start of an uptrend toward higher targets (C).

Behaviour indicators including the rising 40-week Moving Average (40wMA) and the rising trend-line (solid line) confirm the bullish status. A minor correction toward $13 would provide a good entry level. Only a sustained decline below $11.50-$12.00 would be negative.

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