HOLOGIC INC. - HOLX
Monthly chart continues to show weakness with no buy signal/pattern in place. Price remains well below all key moving averages on this timeframe.
Weekly chart remains bearish with no buy signal/pattern evident on this timeframe. Price remains well below all key moving averages and the down trendline in place.
Daily chart shows price remains in consolidation/trading range. Price remains well below all key moving averages. Friday's trading session saw a gap down at the open as bears looked to exit their positions. Look for continuation lower, with the first downside price target to be below the $10 level.
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