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tradingflywheel
Jun 7, 2020 4:37 AM

ILMN hits a resistance zone 

Illumina, Inc.NASDAQ

Description

From the charts, it seems that ILMN has hit a resistance at 370+ zone. Price have been down trending for several days. Let's see where price will consolidates. As we are waiting for price action to confirm, price should find support around 300-350 range. ILMN is an amazing Genomics company with 70% machine and 90% of the data market and is careful about news release. While price is moving sideways, it is a good chance for us to buy low again.

Comment

Let's look at the price action tonight
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