Worthy of a short here, that V shape move is unsustainable.
The FDA has granted Emergency Use Authorization for Hologic's (NASDAQ:HOLX) Panter Fusion SARS-CoV-2 assay, a molecular diagnostic test that detects the coronavirus causing the current outbreak COVID-19. The company says the automated Panther Fusion system can process up to 1,150 tests in a 24-hour period (~383 test/eight-hour shift). Hologic, Inc. engages in the...
HOLX is very strong and close to highs creating a flag pattern go long on break above resistance or bounce at support targets are resistance levels
HOLX: Clayton, Dubilier & Rice 2019-11-20 07:30:00 Clayton, Dubilier & Rice to Acquire Market-Leading Medical Aesthetics Technology Company
HOLX has some size in April OTM calls and 2570 of the June $50 calls as well
HOLX monthly moving out of long sideways range, like to see RSI clear this trend, March $48 OTM call buyers today NASDAQ:HOLX
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.
HOLX has formed an ugly double top inside of a rising H&S on the daily chart.. It looks to be forming a throwback, which can be best seen on the hourly chart. I would wait for throw back confirmation. set an alert for $35.85. Then enter a short position. The march and September options look to be the most liquid. Again, if you play this stock, wait for the...
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
HOLX seems a interesting Long setup. It is breaking out of a inverse head & shoulder formation, and has some momentum characteristics. We would look for half entry now & confirmation entry at the break of $43.04 * Trade Criteria * Date first found- March 16, 2017 Pattern/Why- Inverse head & shoulder formation Entry Target Criteria- Break of $43.04; We would...
Demand Zone @ former resistance provides good r/r entry. Entry: 39.09 Stop Loss:38.75 Target: 40.50
The monthly RSI has already broken out. When HOLX takes out 41.9, expecting a move to 50-52.