HOLX Analysis update for 07.01.2007

Monthly chart shows that the big selling has stopped for the time being. Resistance is currently the prior high at $56.71. The move up into the $63.18 high was made with divergence. IF buyers start to step back into the stock, look for price to test the $63.18 high, and IF sellers start to step back into the stock, look for price to break the $51 low, and head towards $46 area and lower.

Weekly chart shows more clearly the backend resistance, with the key LIS at $56.71 for the last 4 weeks.

The daily chart shows clearly the current resistance above.