ILMN trade ideas

ulong_Mask

ILMN buy goal 1: 320 goal 2: 340 goal 3: 360

Avih

ILMN Buy Potential

TradingMula

Target $325

businessjeremy

After bad guidance and downgrades, $ILMN was destined to fall. My theory for initiating a swing trade is the selling was too overdone. This is not a long-term "long" but an idea for a short-term "long". I think it is very likely to recover to the 200 EMA (purple line) but watch there is a daily trend line (black line) which will likely be strong resistance too....

RedHotStocks

The major damage has been done in NASDAQ:ILMN but further damage is very possible, those that bought the dip today got no reward and will have a anxious wait on monday to see if more downgrades will follow. It will take some time before investors will rush back into the stock as it still carries a very hefty valuation. The genetics company expects to report...

Mausty

Broken long weekly trends don't end well.

lousyjets

I kept all my trend lines and throw it out there for public. I may trade this tomorrow based on some of this.

autonomoustrading

Illumina former strong buy downgraded to Strong Sell on Wall Street upgrades to $500

WadeYendall

This is not likely to blow through highs here so I expect at least a temporary pull back in this zone.

WadeYendall

Fridays high is key. I am careful with these as false breaks are common. Buying the re-test can be a lot safer.

NonSense Updated 

NFLX TA

WadeYendall Updated 

ILMN had a false breakout as traders took profits pre earnings. Post earnings we may see a recovery. A break below the pin bar would negate the thesis.

thesniper

Bullish to neutral. I placed this spread earlier today. This stock has been lagging yet bullish move is strong for now, this is the reason for a bull put spread, so I can use some of this bullish move, but also if it retraces I can still profit.

schabacker_idol

A lot of buying and selling today. If current trend continues we will touch oversold conditions soon and that could be the reversal of this correction. I will be keeping an eye on what happens at the support levels drawn, and trend line resistance, before deciding if I keep or sell my long position.

Mausty

I like ILMN here, had a nice break out of the downtrend after holding long term support. Held the retest, weekly MA support held. Earnings soon, i think they will be positive.

RedHotStocks

ILLUMINA INC IS A CUTTING EDGE HEALTHCARE TECHNOLOGY COMPANY THAT SPECIALIZING IN THE DEVELOPMENT AND MANUFACTURE OF INTEGRATED SYSTEMS FOR ANALYSIS OF GENETICS VARIATION AND FUNCTION . A MASSIVE GROWTH AREA WITH HUGE FINANCIAL GAINS. WE ARE AWAITING A BREAK OF $330 IN INITIATE A LONG POSITION.

WadeYendall

ILMN Like the way this sold off hard at the open, but was bought up right away above the 200 and closed at the high of day. Watching for follow through.

lousyjets

This is highly state of the art gene analytics company. Their devices are used by 123 and me and many more. Adoption is huge. Go study this. Personally I think this will be trading over 1000 in next 2 years. Play leap calls..cheaper this way if you cannot own shares. Marked the short term prices. If a dumb, uneducated guy like me can read and trade then you...