#HOLX #short #stock

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 throwback to complete.

weekly
H&S seen on weekly, along with a trend line break. One note of caution, this stock is still forming a series of higher lows.


monthly
indicators pointing down. multiple trend line breaks . rising H&S seen on chart.