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.
long position if break 26.2. put stop on 25
Stoch show undersold, earning report coming up. the support line is at the 50% Fib.(23.23) I would hold until earnings comes out. any thoughts
This bullish SCT has a measured move of 12% from breakout point. If you decide to take a long position, please, make your stop loss at recent swing low $19.50 with target price $23.50