HOLOGIC INC. - HOLX
Daily chart shows bulls never gained any traction as they were unable to take price up above the $63 level s/r. The past week showed continued weakness, with a break of the h&s neckline. Price closed below all key moving averages. The put option trades have all yielded healthy double digit returns in just one weeks time. Pattern is on track to continue lower, with the $50 downside target in sight.
Saturday, February 23, 2008
HOLX Update for 02.23.2008
Posted by TraderZ at 2/23/2008 06:44:00 AM
Labels: Head and Shoulder, HOLX
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