Another great example of a regular flat Elliott correction wave with a lower degree correction.
TMO Looks ready to take off. I think now would be the time to start looking into leaps. Just waiting for 5 min chart signal.
The PEAD projected a bullish outlook for $TMO after a positive under reaction following its earnings release placing the stock in drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Bought a small 11 share position, because I haven't owned it in many years. Stumbled across the idea from an ARK trading report (or Tweet). Not the best trading discipline, but I plan to hold these for a while, and perhaps build a position. Didn't consider the options.
Great value here in a hot market: P/E 30 Forward P/Q 24.4 P/FCF 49.4 Debt/Eq 0.66 Quick Ratio 2.9 Company Information Market Cap 194B Income 6.3B Dividend 0.18% Employees 75,000 Earnings EPS this Y 22% EPS Past 5Y 14% Sales Q/Q +35.9% Equity Insiders Own 0.1% Insider Transactions -21.9% (Last 3 months) Institutions Own 91.6% ...
I never traded this before but NYSE:TMO is picked by my algo scanner. It's a buy around 438 area more likely consolidate there then start moving up. The first target could be 493 and the second could be 525 with the stop loss around 412. Good PL ratio, IMO.
TMO - It already completed impulse before started this correction cycle. The up move was abc zigzag as the part of flat correction. The C down cycle is in progress. Sell on bounce of 2nd wave correction and expected to go down up to 430. Give thumbs up if you really like the trade idea/analysis.
Thermo Fisher forming a cup and handle breakout setup. The stock had a nice early long entry that I have marked on the chart. Tight price action and low volume are the optimal characteristics I look for around my entry points and the early entry setup exhibited just that allowing for a low risk long entry. I will be looking for similar characteristics while the...
entry: 475 stop: 2.86% below target: 5.91% reasons: 1. 50MA support. 2. MCD cross. 3. high volume & tight price action 4. TMO is a leader in it's area. don't forget to like and follow!
Hi friends the graph shows that this market will experience an uptrend with a high probability
After the great start this morning we regained momentum now.
This strategy uses the Spread Entry Overlay indicator I designed to show entry points designed to be optimized for an Option Bull Call Spread. All of the user settings from the overlay are pulled into this for customization purposes. I will not go into detail of the indicator itself, but have shared the link in the "Related Ideas," in case the overall setup of...
Copyright Rohan Karunaratne 2020
The vaccine stocks didn't explode this week as some of us holding the stocks were hoping for. Either the news was priced in for some stocks, or (as I believe is the case for TMO), it needs another catalyst to really jump back into its bullish channel (green channel -- which has a possible target of 530 - 560!) I have updated the cycles for TMO and think it sits ...