Celestica (CLS +$0.18 or +0.32% to $56.50) halted its slide today following 2 consecutive volume-driven losses testing its 50-day moving average (DMA) line after quietly touching a new all-time high. It has been repeatedly noted - "A gain backed by at least +40% above average volume and a close above the new pivot point cited based on its 5/28/24 high plus 10 cents may trigger a proper technical buy signal. Important support is at its 50 DMA line ($54.60)."

CLS was highlighted in yellow in the 5/15/24 mid-day report (read here) with pivot point cited based on its 4/04/24 high plus 10 cents after a 6-week flat base. It was last shown in detail in this FSU section on 6/27/24 with an annotated graph under the headline, "Consolidating Above Prior Highs in an Orderly Fashion".

There are only 119 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 322 in Jun '23 to 566 in Jun '24, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days.

Chart courtesy of www.stockcharts.com

Celestica (CLS +$1.90 or +3.44% to $57.20) is consolidating above its 50-day moving average (DMA) line and perched within striking distance of its all-time high. Prior highs and its 50 DMA line define near-term support to watch in the $51 area define near-term support to watch. CLS was highlighted in yellow in the 5/15/24 mid-day report (read here) with pivot point cited based on its 4/04/24 high plus 10 cents after a 6-week flat base. It was last shown in detail in this FSU section on 6/04/24 with an annotated graph under the headline, "Steady Pullback to Below "Max Buy" Level Following Rally".

There are only 119 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 322 in Jun '23 to 520 in Mar '24, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.6 is an unbiased indication its shares have been under accumulation over the past 50 days.

Chart courtesy of www.stockcharts.com

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
TDG - NYSE TransDigm Group Aerospace/Defense	$1,288.65	-12.18 -0.94%	$1,303.00	321,841 146.96% of 50 DAV 50 DAV is 219,000	$1,369.58 -5.91%	4/12/2024	$1,224.21	PP = $1,246.32
								MB = $1,308.64
Most Recent Note - 6/26/2024 5:33:02 PM G - Testing its 50 DMA line ($1,295) and recent lows which define important near-term support to watch. More damaging losses would raise greater concerns. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Transdigm Consolidating Above 50-Day Moving Average - 6/12/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
USLM - NASDAQ U.S. Lime & Minerals Bldg-Cement/Concrt/Ag	$360.79	+1.33 0.37%	$365.80	10,678 44.49% of 50 DAV 50 DAV is 24,000	$378.78 -4.75%	6/18/2024	$356.30	PP = $378.88
								MB = $397.82
Most Recent Note - 6/26/2024 5:33:58 PM Y - Volume totals have been cooling while consolidating above its 50 DMA line. Color code was changed to yellow with new pivot point cited based on its 5/15/24 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new technical buy signal. Recently found prompt support near its 50 DMA line ($334.61). Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Streak of Losses Testing 50-Day Moving Average Line - 6/6/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLS - NYSE Celestica Elec-Contract Mfg	$57.20	+1.90 3.44%	$57.25	1,522,992 62.26% of 50 DAV 50 DAV is 2,446,000	$61.06 -6.32%	5/15/2024	$51.52	PP = $51.22
								MB = $53.78
Most Recent Note - 6/27/2024 6:00:11 PM G - Consolidating in an orderly fashion but it has not formed a sound base of sufficient length. Important support is at prior highs in the $51 area and its 50 DMA line. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Consolidating Above Prior Highs in an Orderly Fashion - 6/27/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
DECK - NYSE Deckers Outdoor Apparel-Shoes and Rel Mfg	$999.91	+18.65 1.90%	$1,003.04	327,517 95.77% of 50 DAV 50 DAV is 342,000	$1,106.89 -9.66%	5/24/2024	$1,010.60	PP = $956.27
								MB = $1,004.08
Most Recent Note - 6/26/2024 5:29:53 PM G - Paused today after 10 consecutive losses. Prior highs in the $956 area define initial support to watch. >>> FEATURED STOCK ARTICLE : Deckers Consolidating Near High - 6/13/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ELF - NYSE e.l.f. Beauty Cosmetics/Personal Care	$218.00	+13.41 6.55%	$218.50	1,424,454 91.14% of 50 DAV 50 DAV is 1,563,000	$221.83 -1.73%	6/18/2024	$212.40	PP = $221.93
								MB = $233.03
Most Recent Note - 6/27/2024 6:01:33 PM Y - Posted a big gain today with near average volume for a best-ever close. Color code was changed to yellow with new pivot point cited based on its 3/04/24 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($179) defines important near-term support to watch. >>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of All-Time High - 6/20/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
PDD - NASDAQ PDD Holdings ADR Retail-Internet	$131.94	-6.29 -4.55%	$136.35	10,608,626 109.83% of 50 DAV 50 DAV is 9,659,000	$164.69 -19.89%	5/24/2024	$161.85	PP = $153.09
								MB = $160.74
Most Recent Note - 6/27/2024 6:03:40 PM G - Color code is changed to green after slumping well below its 50 DMA line ($139.66) with today''s 9th consecutive loss. A rebound above the 50 DMA line is needed for its outlook to improve. >>> FEATURED STOCK ARTICLE : Still Sputtering Below Pivot Point After Negating Breakout - 6/17/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CRWD - NASDAQ CrowdStrike Holdings Computer Sftwr-Security	$387.29	+6.92 1.82%	$391.54	3,294,382 68.02% of 50 DAV 50 DAV is 4,843,000	$394.64 -1.86%	5/28/2024	$351.47	PP = $365.10
								MB = $383.36
Most Recent Note - 6/25/2024 6:10:28 PM Y - Posted a gain today with lighter volume after 3 volume-driven losses, consolidating below its "max buy" level. Its 50 DMA line ($333) defines near-term support to watch. Bullish action came after it reported Apr '24 quarterly earnings +63% on +33% sales revenues versus the year-ago period, continuing its strong earnings track record. >>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure Hovering Near All-Time High - 6/21/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NVO - NYSE Novo Nordisk ADR Medical-Ethical Drugs	$144.49	+0.82 0.57%	$145.36	2,586,967 68.40% of 50 DAV 50 DAV is 3,782,000	$148.15 -2.47%	6/7/2024	$143.06	PP = $138.38
								MB = $145.30
Most Recent Note - 6/26/2024 12:14:01 PM G - Gapped down today, pulling back from its all-time high after a gap up on the prior session capped a streak of 5 consecutive gains. Color code is changed to yellow after retreating below its "max buy" level. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Wedging Into New High Ground - 6/7/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GVA - NYSE Granite Construction Bldg-Heavy Construction	$61.58	-0.06 -0.10%	$62.38	409,156 88.37% of 50 DAV 50 DAV is 463,000	$65.08 -5.38%	6/11/2024	$59.76	PP = $64.33
								MB = $67.55
Most Recent Note - 6/26/2024 5:31:15 PM Y - Volume totals have been cooling while hovering near its 52-week high. Color code was changed to yellow when highlighted on the 6/11/24 mid-day report as it was noted that a valid secondary buy point exists up to +5% above the recent high after finding support at its 10 WMA line following a prior breakout. Reported improved earnings in the Jun, Sep, Dec '23, and Mar '24 quarters versus the year ago periods. Annual earnings growth has been strong and steady. >>> FEATURED STOCK ARTICLE : Granite Construction Found Support at 10-Week Moving Average - 6/11/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I

Celestica (CLS -$2.86 or -5.15% to $52.71) suffered a 5th consecutive loss today, abruptly retreating from its all-time high and undercutting its 20-day moving average ($52.92). Its color code is changed to yellow affer retreating below its "max buy" level. CLS was noted recently - "Extended from the previously noted base. Prior highs in the $51 area define initial support to watch above its 50 DMA line."

CLS finished strong after highlighted in yellow in the 5/15/24 mid-day report (read here) with pivot point cited based on its 4/04/24 high plus 10 cents after a 6-week flat base. It was shown in detail that evening with an annotated graph under the headline, "Strong Breakout After 6-Week Flat Base".

There are only 119 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 322 in Jun '23 to 508 in Mar '24, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.5 is an unbiased indication its shares have been under accumulation over the past 50 days.

Chart courtesy of www.stockcharts.com

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
TDG - NYSE TransDigm Group Aerospace/Defense	$1,340.83	+1.64 0.12%	$1,342.32	153,181 76.59% of 50 DAV 50 DAV is 200,000	$1,363.66 -1.67%	4/12/2024	$1,224.21	PP = $1,246.32
								MB = $1,308.64
Most Recent Note - 6/3/2024 8:40:41 PM G - Still hovering near its all-time high after a "negative reversal" on 5/28/24. It is extended from any sound base and its 50 DMA line ($1,264) defines near-term support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Aerospace/Defense Firm Hitting Another All-Time High - 5/21/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
USLM - NASDAQ U.S. Lime & Minerals Bldg-Cement/Concrt/Ag	$338.60	-2.56 -0.75%	$339.85	19,272 80.30% of 50 DAV 50 DAV is 24,000	$378.78 -10.61%	2/9/2024	$254.68	PP = $265.09
								MB = $278.34
Most Recent Note - 6/4/2024 7:28:01 PM G - Fell slightly today for a 13th loss in the span of 14 sessions with volume below average. Its 50 DMA line ($325) defines important near-term support to watch. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Stubbornly Held Ground and Posted Quiet Gain for Best-Ever Close - 5/14/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLS - NYSE Celestica Elec-Contract Mfg	$52.71	-2.86 -5.15%	$54.84	2,530,224 110.93% of 50 DAV 50 DAV is 2,281,000	$61.06 -13.68%	5/15/2024	$51.52	PP = $51.22
								MB = $53.78
Most Recent Note - 6/4/2024 7:25:56 PM Y - Suffered a 5th consecutive loss today, abruptly retreating from its all-time high and undercutting its 20-day moving average ($52.92). Color code is changed to yellow after retreating below "max buy" level. Prior highs in the $51 area define initial support to watch above its 50 DMA line. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Steady Pullback to Below "Max Buy" Level Following Rally - 6/4/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AROC - NYSE Archrock OilandGas-Machinery/Equip	$18.74	-0.73 -3.75%	$19.32	1,665,656 111.34% of 50 DAV 50 DAV is 1,496,000	$21.61 -13.28%	5/20/2024	$21.23	PP = $21.50
								MB = $22.58
Most Recent Note - 6/4/2024 6:35:11 PM G - Fell further today with higher (average) volume while testing its 4/19/24 low. Color code was changed to green when violating its 50 DMA line ($20) and undercutting recent lows in the $19 area raising concerns and triggering technical sell signals. A rebound above the 50 DMA line is again needed to help its outlook improve. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Slump Below 50-Day Moving Average Again Hurts Outlook - 6/3/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
DECK - NYSE Deckers Outdoor Apparel-Shoes and Rel Mfg	$1,066.83	-19.74 -1.82%	$1,092.20	225,236 60.22% of 50 DAV 50 DAV is 374,000	$1,106.89 -3.62%	5/24/2024	$1,010.60	PP = $956.27
								MB = $1,004.08
Most Recent Note - 6/4/2024 6:37:27 PM G - Pulled back for a 2nd small loss with lighter volume. Perched at its all-time high following noted volume-driven gains. Extended from prior highs in the $956 area that define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Big "Breakaway Gap" for Deckers Outdoor - 5/24/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
ELF - NYSE e.l.f. Beauty Cosmetics/Personal Care	$189.74	-6.71 -3.42%	$198.49	1,053,708 62.09% of 50 DAV 50 DAV is 1,697,000	$221.83 -14.47%	5/24/2024	$193.79	PP = $182.73
								MB = $191.87
Most Recent Note - 6/4/2024 6:40:16 PM Y - Pulled back today with lighter volume and its color code is changed to yellow while consolidating back below its "max buy" level after breaking out a "double-bottom" base. Prior low ($177.99 pn 5/31/24) and 50 DMA line ($172) define important near-term support to watch. >>> FEATURED STOCK ARTICLE : Down on Lighter Volume After Breakout From "Double Bottom" Base - 5/29/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PDD - NASDAQ PDD Holdings ADR Retail-Internet	$145.88	-1.04 -0.71%	$148.68	5,860,916 61.60% of 50 DAV 50 DAV is 9,515,000	$164.69 -11.42%	5/24/2024	$161.85	PP = $153.09
								MB = $160.74
Most Recent Note - 6/3/2024 8:37:37 PM Y - Slumping below prior highs with losses on below average volume raising concerns after it rallied to new 52-week highs with 3 consecutive volume-driven gains clearing a 20-week base. Disciplined investors avoid big losses by selling any stock that falls more than 7-8% below their purchase price. >>> FEATURED STOCK ARTICLE : Pulled Back Below Prior Highs Raising Concerns - 5/28/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CRWD - NASDAQ CrowdStrike Holdings Computer Sftwr-Security	$305.58	-3.11 -1.01%	$312.38	8,305,087 329.57% of 50 DAV 50 DAV is 2,520,000	$365.00 -16.28%	5/28/2024	$351.47	PP = $365.10
								MB = $383.36
Most Recent Note - 6/3/2024 8:42:42 PM G - Suffered a 3rd consecutive loss today after violating its 50 DMA line ($317) triggering a technical sell signal. Due to report Apr '24 quarterly results on 6/04/24. >>> FEATURED STOCK ARTICLE : Volume-Driven Loss Triggered Technical Sell Signal - 5/30/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I

Celestica (CLS +$4.06 or +8.46% to $52.06) finished strong today after highlighted in yellow in the mid-day report (read here) with pivot point cited based on its 4/04/24 high plus 10 cents after a 6-week flat base. It gapped up hitting a new 52-week high (N criteria), adding to volume-driven gains after rebounding above its 50-day moving average (DMA) line. The gain and strong close above the pivot point backed by +133% above average volume clinched a proper technical buy signal.

Chart courtesy of www.stockcharts.com

Testing 50-Day Moving Average Line After Wedging to New High - Friday, July 19, 2024

Consolidating Above Prior Highs in an Orderly Fashion - Thursday, June 27, 2024

Steady Pullback to Below "Max Buy" Level Following Rally - Tuesday, June 4, 2024

Strong Breakout After 6-Week Flat Base - Wednesday, May 15, 2024