HOLX has tested this upper trend line two time previously Right now price is within a very tight range and has been that way for quite awhile Price while in this state builds up pressure and tends to break out positively when it is ready A third test of this upper trend line is possible
Setting up alert for a pullback level around 55 for NASDAQ:HOLX . The timing could put this around July earnings.
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Bullish Pennant formed after a 9-month run. Multiple new support confirmation over the past few days. I am being quite conservative with the Stop Loss. You can place it to $76.59 if your appetite for risk is higher. - Target Entry $80.50 - Target Stop Loss $79.22 - Target Exit $94.00 About me - P/L September +49.18% | August: +232.32% | No Trades without...
Stop: 70.50 Model signaling a continuation trade toward 80. Below 70.50 the current up wave would be invalidated.
Holx looks like it might be headed toward all time highs if this upwave holds. Would be invalidated if price falls below 67. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic...
$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.” NASDAQ:HOLX
$holx raised guid big for Q last week in poor market , off 9ema pullback now. Hurt like many off ABT 5 buckeroo test.. guidance after shows matters nothing.
The risk/reward is 3.08. I think the price will go down (3.96% vs 12.18%) If the price breaks the support, it will be in phase 4.
Hologic, Inc. (NASDAQ: HOLX) is at a Critical Make-Or-Break Zone around 37.60. If it continues to move above this zone, the Buyers may gain easy control over the sellers to shoot up the price to the upside as per TTC Breakout Formation. For Short-term targets, Trader should eye on 38 Zone. Then 38.60 is the next resistance. For Swing Traders, 39.45 zone is Very...
Good relative strength here + good earnings growth
The monthly RSI has already broken out. When HOLX takes out 41.9, expecting a move to 50-52.