Get started
Hologic, Inc.
Long
Updated

$HOLX Correction Pattern

84
HOLX
Testing Correction Pattern theory: Bull Pennant with support. In theory this is ready to bounce – fib trend would suggest 1.27 is at $75.

“I’m not an expert but I have watched a lot of youtube videos.”
HOLX
Note
Breaking the 200SMA will be key. If it resists, I think the chart will fail.
Note
Held the bottom trend line - higher lows, extended-tighter consolidation... I think that tends to mean a larger gap up. I switched to the EMA chart today instead of the SMA and it broke the 50 day EMA and road the top side of the 20 day... I think the Chart is still in play. Let's see how it goes!
Trade closed: target reached
This may continue to go up more but taking some profit now.
jonwayne02
Chart PatternsHOLX

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsHOLX
jonwayne02

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.