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maschera
Jan 11, 2021 12:24 PM

HOLX - 18.87% Potential Profit - Bullish Pennant Long

Hologic, Inc.NASDAQ

Description

Bullish Pennant formed after a 9-month run. Multiple new support confirmation over the past few days.

I am being quite conservative with the Stop Loss. You can place it to $76.59 if your appetite for risk is higher.

- Target Entry $80.50
- Target Stop Loss $79.22
- Target Exit $94.00

About me
- P/L September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss

Comment

I will wait for market open before placing an order. Things don't look too good pre-market.

Order cancelled

As expected, market crashed at opening, so HOLX's price.
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