Celestica (CLS) operates in the Electronics Components industry of the technology sector. The firm is based out of Toronto. Shares have lost close to 50% of their market cap already this year but have rallied back somewhat since the 18th of March. As the long-term chart demonstrates below, shares on the above-mentioned date came right back down and successfully tested their 2009 lows. The question now is whether these lows can hold or are there lower lows on the horizon.
Ironically, management came out the day before (17th of March) and withdrew their first quarter