ILLUMINA INC

Watch and wait

This would be the fourth time ILMN stock price falls quickly and substantially, if it happens. The top price of approximately $190 did not hit the two point trend line set up by past highs. In the past four times it fell quickly and without warning. Will it happen again? It appears it might since the current price fluctuations are lower than the established ...

Illumina had a slight correction recently, and is now ready to resume the uptrend. The weekly chart is at value, after failing to break the shoulder line resistance, while the volatility and volume decreased significantly if you analyze the Force Index. This leads me to believe that this was a correction, and not a start of a more important bearish move. The ...

See chart for details...

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Analysis for Rule 1 Investing workshop.

Previous chart is linked below. On the weekly chart, there is a massive head and shoulders pattern which just keeps failing to break below the neckline. This was the 3rd attempt at a break below, and it looks to me like this is a clear rejection, again. In theory, when a H&S pattern fails to break, the target for it is the top of the head. However, I labeled a ...

ENTER 123.84 STOP 119.88 TAKE PROFIT 164.09

NASDAQ:ILMN is due for a bounce to $132 level or possible to the falling trendline.

B/O

After having hit again its 132$ support it is time for $ILMN to initiate a new bullish rallye

Been watching it for a regression upward play..make your own judgement. Just a heads up. Worth trailing to me.

Illumina is bullish since 2012. We have seen a huge buying wave which started 2012 at 25 $ and reached till 240$ in 2015! After building this top, we can see a consolidation phase which reached down to the 0,5 fibo at 133,745$. Perhaps a Big Bearish H&S will be formed. The neckline is corresponding to the central Support Level. (TPs from this H&S could be: Min TO ...

Resistance going back to January. A break above 180 should be good for $200+.

we don't know the full outcome yet but so far so good.

NASDAQ:ILMN https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/ Safe Trades;