Trade Idea - ILMN
Thursday, January 10, 2008
( Yesterday close ) Chart courtesy of stockcharts

Illumina shares are today in focus and is trading up, after company said today that have agreed with Affymetrix to resolve their patent litigation over competing genetic data products. Looking at the daily chart, stock is currently trading in a nice uptrend, with a possible to break through $62 level. Indicators are presently printing Bullish indications, with MACD above 0 and with RSI in the Bullish territory, so stay tuned on stock after this news, to watch if the breakout will be today confirmed.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 11:37 AM | Permalink


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