CLS: Long Setup – Defined Risk / RewardCelestica Inc.BATS:CLSshortermtraderTechnical context CLS is trading at 374 USD on the NYSE, down about 14% from the 52‑week high of 435 USD. Price is holding support in the 360‑375 zone, which aligns with the 0.382 Fibonacci retracement of the 290 to 435 move. The daily RSI has cooled from 73 to around 55, reducing overbought pressure. The 50‑day SMA sits at 312 USD and is rising, keeping the long‑term uptrend intact. Trade setup Entry: 379 USD (on confirmation above the 20‑period moving average on the 4‑hour chart) Stop loss: 340 USD (10.3% below entry) Take profit: 455 USD (20.1% above entry) Risk/reward ratio: 1 to 1.95 (risk 39 USD, reward 76 USD) Position sizing: 1% to 2% of capital per trade Fundamental backing CCS segment grew 76% year over year, driven by AI and data centre demand. The company raised 2026 guidance with expected EPS of 10.15 USD, giving a forward P/E near 37x, which is reasonable for growth above 50%. A new hyperscaler contract for 1.6TbE Ethernet switches is set to ramp in 2027. Analyst consensus shows 18 buys and 2 holds, with an average price target of 424.80 USD (Goldman Sachs at 475 USD). Key risks Valuation remains elevated with a trailing P/E above 40x. Recent insider sales include the President and COO. A broader sector rotation away from high‑growth tech could pressure the stock. Trade management If 340 USD breaks, exit immediately for a small controlled loss. At 410 USD, move the stop loss to breakeven (entry at 379 USD). At 435 USD (previous high), take a 50% partial profit and let the remainder run to 455 USD. Hashtags: #CLS #Celestica #AI #Datacenters #TradingView #LongSetup #TechnicalAnalysis #RiskReward #GrowthStocks Not financial advice. Manage your own risk.