TMOThermo 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 and price action is at the bottom half of the Bollinger bands. However that deep wide cliff warrants watching tomorrow for price action to turn against any trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.