lauralea

Cup and Handle

Long
lauralea Updated   
NASDAQ:ILMN   Illumina, Inc.
Rising wedge?
It would take a significant pull back for me to consider getting in but wish I had seen this one closer to break out
B/O from C&H a while back and this one seems like she will never come down..right now anyway
Handle low is at 332.5
Earnings are 8-4 BMO
Stock would need to fall to 342ish or below to break the bottom trend line of the rising wedge.
Not a recommendation
Comment:
Ouch..huge pull back after fall from rising wedge. Now there is a gap over price
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