August 17, 2008
ILMN - Nasdaq. Illumina, Inc has formed a Darvas Box at a brand new high. The stock is rising in price and continues to trend well. On-balance volume is rising and now gaining strength showing the buyers well in control. A breakout of the top of the box would signal an entry into this stock. A stop loss should be placed around the 85.50 to protect the position once filled.
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