Lucira Health Continues Power Move

(24/7 MARKET NEWS) – We covered Lucira Health’s (Nasdaq:LHDX) FDA emergency use authorization news, on Monday, for its Lucira COVID-19 & Flu Home Test for over the counter use at home and other non-laboratory sites, when Lucira was at $0.503.

It hit a new 2023 high of $1.18, yesterday, and closed at $0.93, up $0.42 (+82.35%), on trading volume of 228,479,141 shares. It’s currently trading at $0.992, up $0.062 (+6.68%), on 3.5 million premarket shares, and hit a premarket high of $1.09.

Its 52-week trading range is $0.108 to $5.67. Its next key inflection points are $1.09, $1.18, and $1.28. If it can break through the $1.28 resistance level, on strong volume, it’s likely going to try to challenge September’s $1.75 trading levels.

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