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Stock impact report

Bullish on Quidel Corp [Toronto Globe and Mail (Ontario, Canada)]

QuidelOrtho Corporation (QDEL) 
Last quidelortho corporation earnings: 2/12 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.quidel.com
Bullish on Quidel Corp stock Quidel Corp. (Friday’s close US$95.00) rallied from US$18.25 in February, 2017, to US$77.62 in August, 2018, (A-B) above a rising trend-line (dashed line). It fell below these indicators in late-2018 (C) and then settled in a large triangle pattern made up of lower highs and higher lows for one year (dotted lines). The stock had a breakout from this pattern in late-2019 (D), reached a recent high of US$106.56 (E), and is currently somewhat overbought; a minor correction may occur toward US$85-US$90. Only a sustained decline below the 40wMA (currently near $67-US$68) would be negative. Point & Figure measurements provide a target of US$115. The large triangle pattern (dotted lines) supports higher targets. Monica Rizk is the senior Technical Analyst and Ron Meisels is the president of Phases & Cycles Inc. ( www.phases-cycles.com ). And he tweets at @Ronsbriefs. They may hold shares in companies profiled. Chart source: www.decisionplus.com Show less Read more
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