HOLX Stock Chart
By Steve Abraham on May 01, 2007
Hologic has been previewed several times on thebulltrader site. Today, HOLX announced earnings and guided higher for the rest of 2007. The stock is trending higher and similiar to IMA there was a high volume reversal. Same theme. Aggressive buyers may play a potential breakout, but with a stop around today’s low of $53.
This entry was posted on Tuesday, May 1st, 2007 at 3:08 pm and is filed under Annotated Analysis.
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4 Responses to “HOLX Stock Chart”
By Derek J on May 2nd, 2007 at 3:44 pm
What do you think about the runup today in HOLX? It looks like it may either breakout or form a double top at the 62 high resistance.
By Steve Abraham on May 3rd, 2007 at 3:49 pm
I typically wont buy companies that are trading below $10/share so I would take a pass on LTS.
I think its a breakout because they guided higher on earnings.
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What’s your opinion on LTS which has been mentioned in the past few months. I am still holding.