TMO has broken through the 8, 13, and 21 daily exponential moving averages in the past few trading sessions. As a leader in laboratory diagnostics and life science sales distribution, it would seem reasonable that the stock may try to push higher as the coronavirus cases continue to grow. Now that the stock has pushed passed the 21 day EMA, there are no...
TMO has moved into slightly shorter cycle in November, which is not usually the ideal set up I like. But, this is a solid company and shows no reason to break down. Based on the shorter cycle, I expect double-bottom to be formed roughly between December 1-4. Watch for the W. TMO bounced off the 100MA and has formed a bullish sign with a dragonfly doji on Nov...
TMO has confirmed a low for the A pivot of a potential Bearish Gartley with a bullish engulfing daily candle on Wednesday. Look for a small pullback for ideal entry long. Long target on this move would be a 382 to 50 retrace of the down move. Take profits in that area and then wait for the pullback for the C pivot build. Once the C pivot has been confirmed, a...
Buy around 400 usd, if price respects 200 EMA
NYSE:TMO Thermo FIsher has had a good run. Recent days have seen it drop hard and fast. Technically speaking this has formed a tight double bottom pattern. Or one could argue a head and shoulders pattern with a small left shoulder. Either way tomorrow's price action should dictate if its removed from the the StockConquer list. Indicators point to oversold areas...
Hey my friends, THERMO FISHER SCIENTIFIC is in a very important moment historically we can attend the new highest of its existential history. It is in a fake bassiere configuration with a trace of sellers on the VWAP and a low volume of past purchases. The TIMEFRAME M1 points out to us that there has been a collapse of the price this one goes on its last low to...
Thermo Fisher Scientific (TMO) now a mega cap at 203B capitalization. An entry here with stop at 480.59 based on 10d ATR (x3.5) with a position size of R13.85
TMO - It is in strong up trend from covid low and out performing the SPX. It is in final move up as 5th wave. But wait for correction of 4th wave before taking entry for buy set up near 458 zone. for target above 485 as new high. Give thumbs up if you really like the trade idea.
Hi friends the daily chart of this market shows with a high probability that it will experience an upward trend in the next few days but also you must be vigilant of the change from the direction to the opposite please subscribe to receive more analysis
going between channel, possibility of going uptrend
If we see strong price action back up, this could be a great entry point into Thermo Fisher. Aug 20th JP Morgan put a target of $460 a share.