Illumina: Corrective RallyIllumina, Inc.NASDAQ:ILMNHKCM_GlobalILMN recently extended its advance but has begun to show mild signs of weakness again. Imminent additional upside momentum should still emerge, allowing the stock to push above the $156.66 resistance and establish the final high of the current corrective rally. After that, stronger selling pressure should take hold. That move should drive the shares below the $68.70 support and initiate the larger bottoming phase. Specifically, this base formation should unfold within the green Target Zone ($54.08 – $26.57). However, if the anticipated rebound fails to hold and price instead turns lower again in the near term, the alternative scenario (probability: 34%) could come into play. In that case, the stock would already be in the final stage of the ongoing decline, which would carry it directly below the $68.70 support. As a result, the green Target Zone ($54.08 – $26.57) would be approached sooner.