Saturday, April 19, 2008

HOLX Update for 04.19.2008

HOLOGIC - HOLX

Monthly chart shows continued weakness, with no buy signal/pattern evident on this timeframe.

Weekly chart shows continued weakness. No buy signal/pattern evident on this timeframe.

Daily chart shows price stuck in consolidation/trading range. Price currently below all key moving averages, especially the 200sma. IF the bulls can't take price up early in the week, THEN look for the low to break and a lower low to be made before a bigger retracement is possible.

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