Illumina's most recent trend suggests a bullish bias. One trading opportunity on Illumina is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 18.34% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $8.45 would be incurred if the stock dropped below the $135.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Illumina is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Illumina is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Illumina
ILLUMINA INC Files SEC form 8-K, Other Events
Mon, 03 Feb 2014 21:31:25 GMT
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Fri, 31 Jan 2014 20:30:32 GMT
Motley Fool – Illumina's stock has exploded over the past year as this company seeks to tap into the huge potential of the gene sequencing market, but are even greater gains to come for investors?
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Fri, 31 Jan 2014 12:14:17 GMT
Let Ilumina brighten up your portfolio
Thu, 30 Jan 2014 20:02:16 GMT
Illumina Beats on Q4 Earnings, Revs (revised)
Thu, 30 Jan 2014 14:30:06 GMT
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