Saturday, March 29, 2008

HOLX Update for 03.29.2008

HOLOGIC INC. - HOLX

Monthly chart shows no buy signal/pattern at this time. Price has now closed below the 8ema.
Weekly chart shows price below the 34ema. Short term support off $51.50 area holding for now.

Daily chart shows continued weakness, with price below all key moving averages and also below the down trendline in place. Look for a test of the low and eventual lower.

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