Haemonetics Corporation is a global healthcare company that specializes in blood management solutions. They develop and manufacture devices and software that help healthcare providers collect, process, and analyze blood components for transfusion and therapeutic purposes.

The stock of Haemonetics Corporation recently attempted a breakout, but failed to hold the upward momentum. A breakout occurs when a stock's price moves above a significant resistance level, indicating a potential trend reversal or continuation.

However, in the case of Haemonetics Corporation, the stock was unable to sustain its upward move and retreated back below the breakout level. This failure to hold the breakout suggests that selling pressure may still be present in the market.

Traders and investors should closely monitor the price action of Haemonetics Corporation for any signs of a potential reversal or further downside. It is important to consider other technical indicators and market conditions before making any investment decisions.