Earnings Miss OUCH! I guess ILMN will not hit the last 3 targets either this go around. Earnings can mess everything up )o: Waiting on a bottom to form. Seems of late, earnings are risky business. Stocks that beat like BL are zooming down to. Maybe value coming back? Who knows
Consolidated at highs. Long above box to targets.
I've already outlied in detail the short-term bullish thesis with target 440, as well as the longer term one with target 655; see my previous posts, they are still 100% valid. Yesterday's decisive breakout of the almost 2 year consolidation is just the last piece of solid evidence for the bullish case, and, in my opinion, the nail in the coffin for ILMN bears. You...
ILMN is one of the highest conviction picks by ARKK investments (ARKK). They invest in disruptive technology that could potentially change the world. Another pick Invitae(NVTA) has a similar pattern and broke out recently. Level exhaustion at the $372 level and a potential accumulation zone. A daily close above 372 would be bullish. An overall bullish sentiment...
Oggi parliamo di Illuminia società di bio engineering quotata al NASDAQ. Sembra aver raggiunto il massimo con forza con la ripresa globale dei mercati. Ci troviamo in punto critico sui massimi storici con un doppio massimo da rompere ma le ultime notizie e il grafico promettente ci fanno propendere per una visione Bull
The last 21 months have seen a wide volatile consolidation within 19 year rising channel. Ultimately, upside breakout is only a matter of time. The fundamentals for this company are just great. Let's be conservative and assume that the resistance drawn from 2000 highs (black trendline) will prevent prices from EVER reach rising channel resistance again. Even so,...
Over the last 21 months, ILMN reached the 367 - 378 resistence zone twice. Each time it marked an all-time-high, and each time prices fell apart immediately and quite dramatically (big red arrows). In the very last weeks, it has reached this hot price zone again, only this time prices fell for just two weeks, then bulls stept up mightily to defend crucial support...
Illumina, Inc. ILMN has been gaining from robust segmental growth and increased demand for its products. The company’s focus on partnerships and worldwide expansion to drive growth are expected to contribute further. However, stiff competition and a tough funding environment remain concerns. Over the past three months, the Zacks Rank #3 (Hold) stock has...
Illumina (ILMN): weekly chart: Resistance zone + 2 Shooting Stars + Inside Bar
Seems to be in an accumulation rectangle. My target on a successful breakout would be as shown.
Though this isn't he most liquid stock; the elliot wave pattern is fairly obvious. It seems to have transitioned over to a corrective wave and has having a temporal trend change. Price Targets: Conservative: 334.91 Aggressive: 308 range Price point of invalidation: 375+ range
A friend of mine asked me a good point to buy ILMN. Here it is shown in the chart, once it pulls back and hits the trendline. Break of trendline = OUT
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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...
ILLUMINA hit its 3rd all time high, the bounce back are quite promising, a matter of how far it drive down.