Qiagen NV (NYSE: QGEN)

Qiagen NV is a holding company, which engages in the provision of sample and assay technology to transform biological samples into valuable molecular insights. It offers bioinformatics, molecular diagnostics, next-gen sequencing, and genomic services.

Take a look at the 1-year chart of Qiagen (NYSE: QGEN) below with my added notations:

1-year chart of Qiagen (NYSE: QGEN)

Over the past three months, QGEN has been trending higher, while also forming a clear trend line of support (green) along the way. Always remember that any (2) points can start a trend line, but it’s the 3rd test and beyond that confirm its relevance. A pullback to the QGEN line provides trading opportunities, one way or another.

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Pinduoduo Inc (NASDAQ: PDD)

Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement.

Take a look at the 1-year chart of Pinduoduo Inc (NASDAQ: PDD) below with my added notations:

1-year chart of Pinduoduo (NASDAQ: PDD)

PDD has formed key support in the $30 (green) area over the past six months. The stock is also declining against a down trending resistance line (red). These two levels combined have PDD stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those two levels.

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Mylan NV (NASDAQ: MYL)

Mylan NV is a pharmaceutical healthcare company. The firm engages in the development, license, manufacture, market and distribution of generic, branded generic and specialty pharmaceutical products. It operates through the following geographical segments: North America, Europe and Rest of World. 

Take a look at the 1-year chart of Mylan (NASDAQ: MYL) with the added notations:

1-year chart of Mylan (NASDAQ: MYL)

During the past year, MYL had formed a very important level of support at $17 (red). Early March saw the stock break below that support. Not only did that imply lower prices for MYL, but the $17 area will now likely act as resistance on any future rallies, as it did twice just last week.

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Stratasys Ltd (NASDAQ: SSYS)

Stratasys Ltd. engages in the provision of applied additive technology solutions for industries including aerospace, automotive, healthcare, consumer products and education.

Take a look at the 1-year chart of Switch (NASDAQ: SSYS) with the added notations:

1-year chart of Stratasys Ltd. (NASDAQ: SSYS)

During the past several months, SSYS had formed a very important level of support at $18 (green). February saw the stock break below that support. Not only did that imply lower prices for SSYS, but the $18 area will now likely act as resistance on any future rallies.

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K12 Inc. (NYSE: LRN)

K12, Inc. is a technology-based educational company, which offers proprietary and third party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name.

Take a look at the 1-year chart of K12 Inc. (NYSE: LRN) with the added notations:

1-year chart of K12 Inc. (NYSE: LRN)

LRN has formed an important level of support at $16 (green) over the past couple of months. Although there have been some wild swings as of late, the stock has fallen back down to that support again. If the $16 level were to break, lower prices should follow for LRN.

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