Hologic is currently Consolidating within the potential handle of a Bullish Cup with Handle pattern and is holding above the 200-week Simple Moving Average. If this pattern plays out successfully, the measured move target would take HOLX up to around $118. n addition to the technical pattern, HOLX seems to be improving its balance sheet on an annual basis,...
NASDAQ:HOLX if they drop #Covid thingy again, testing stocks derivative of vaccines play.
Hologic was earnings winner and not only thing on its plate.
coming to gap AMEX:IHI AMEX:SPY
Hologic, a leading company in the healthcare sector, continues to display appealing business economics and robust fundamentals, even after the Covid pandemic. In this analysis, we delve into additional critical factors contributing to its attractiveness, such as positive sentiment and price studies. Based on the culmination of these studies, investors appear...
The PEAD projected a bullish outlook for $HOLX after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Hologic Inc is a developer, manufacturer, and supplier of diagnostics products, medical imaging systems, and surgical products focused on women’s health and well-being through early detection and treatment. The stock is listed on the Nasdaq Stock Exchange. The price chart formed an 11-month-long rectangle with the horizontal boundary acting as strong support...
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
Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $77.76 / $77.15
Target Price: $78.90 / $78.05
Stop Loss: $75.82
Of all the stocks I scanned through, this is my favorite setup, short or long.
I'm looking for HOLX to fall to old resistance (see weekly chart) at the trendline. This is also the 20ma on the monthly.
Unfortunately, I may miss actually trading this, as I will be engaged in non-trading endeavors, so won't have the time to devote to trading Monday or Tuesday.
Possible stop where you see a level of support. The handle low and mid cup also provide support. There is a pocket pivot at the handle low. (green triangle).
No recommendation.
Feels like a Rainy Day and a Monday, but it is Tuesday )o:
Yearly low is 49.19. Yearly high is 85. Bearish divergence at top, and it is an ugly top! HOLX also fell from a series of bearish rising wedges that I did not draw as at this point they are not as significant.
Struggling to say the least and the moving averages are screwed up and out of place. Only the 200 is still sloping up which is the longest term moving...
HOLX is company that has gone through a good 2020 FY with Gross Margins, EBITDA and Cash Flow from operations growing materially. In the last quarter (Q1'21 for HOLX given that FY ends on SEP'20), EPS increased strongly (+369%) coupled with strong sales increase (+89%). This sets a good tone for the rest of the FY'21. The company is also growing through a set of...
Looking to open a long position at the bottom of the trading channel. Strong stock with very strong earnings. Everything about it technically and fundamentally screams buy and hold.
The PEAD projected a slight bullish outlook for $HOLX after a positive over reaction following its earnings release placing it in drift B
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