The FDA has granted Emergency Use Authorization for Hologic's (NASDAQ:HOLX) Panter Fusion SARS-CoV-2 assay, a molecular diagnostic test that detects the coronavirus causing the current outbreak COVID-19.
The company says the automated Panther Fusion system can process up to 1,150 tests in a 24-hour period (~383 test/eight-hour shift).
Hologic, Inc. engages in the...
HOLX has formed an ugly double top inside of a rising H&S on the daily chart.. It looks to be forming a throwback, which can be best seen on the hourly chart. I would wait for throw back confirmation. set an alert for $35.85. Then enter a short position. The march and September options look to be the most liquid. Again, if you play this stock, wait for the...
Hologic, Inc. (NASDAQ: HOLX) is at a Critical Make-Or-Break Zone around 37.60. If it continues to move above this zone, the Buyers may gain easy control over the sellers to shoot up the price to the upside as per TTC Breakout Formation.
For Short-term targets, Trader should eye on 38 Zone. Then 38.60 is the next resistance. For Swing Traders, 39.45 zone is Very...
HOLX seems a interesting Long setup. It is breaking out of a inverse head & shoulder formation, and has some momentum characteristics. We would look for half entry now & confirmation entry at the break of $43.04
* Trade Criteria *
Date first found- March 16, 2017
Pattern/Why- Inverse head & shoulder formation
Entry Target Criteria- Break of $43.04; We would...
![HOLX: [HOLX] phase 1](https://s3.tradingview.com/i/IsLASlLe_mid.png "[HOLX] phase 1")
