|Day Low/High||195.95 / 204.91|
|52 Wk Low/High||71.90 / 306.72|
Overall I think QDEL can trade higher.
The stock has formed a bearish engulfing pattern.
Technical analysis and trading strategy on the healthcare stock
These companies have the potential to help in battling the Covid-19 pandemic.
Look for weaknesses in companies like these that can provide solutions to today's pressing issues.
Traders who are comfortable with risk could consider buying QDEL closer to $85 if available.
Monday's index action was quiet, but traders still found issues to play.
Plus, 6 stocks that are showing weakness -- and how to take advantage of it.
Bearish indicators abound with both stocks. But be patient.