Illuminas price (ILMN) rose slightly in its latest intraday trading, supported by continued movement above the 50-day simple moving average. The stock also remains under the influence of a short-term corrective uptrend, trading along a supportive ascending trendline, while positive signals continue to appear on the relative strength indicators.

Therefore, we expect the stocks price to rise in the coming sessions, especially if it breaks above the key resistance at 130.20$, targeting the next major resistance at 151.75$.

Todays price forecast: Bullish