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TMO

Looking like more pain in TSLA's futureIndicators used: Democratic Fibonacci MAs Consensus Tables (Oscillator Setting) True Momentum Oscillator The TSLA weekly charts (and those of lower time frames) look to be continuing the downward trend that the stock has faced over the last few months. The price has dropped below all 10 fib-length MAs (3 through 233) and the DFMA line closes in on the slowest of the fib MAs, indicating a strong bearish trend. The consensus tables (Oscillator is shown here) all agree that the negative trend will continue (consensus value of -1 across all 4 tables, overall consensus of -1). The ADX is over 25, indicating a strong trend. The True Momentum Oscillator is deeply in the red, with the momentum of the oscillator strongly negative as well. A larger head and shoulders formation has continued to play out. Price looking to break under $100 soon, potentially reaching a support around $91 but with room to fall further into the mid-$60 range.
NASDAQ:TSLAShort
by LeafAlgo
1
Another Short on ThermoFischer. TMOThis is a doubling up on our earlier idea. See the linked idea. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:TMOShort
by Rykin_Capital
Descending Triangle on Thermo Fischer. TMODownward B Wave triangle is heralding a downward impulse. It may be larger than expected, given this is a downgoing triangle. Normally, triangle herald a relatively weak impulse post, but let's see how low this baby can go. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:TMOShort
by Rykin_Capital
Thermo Fisher descending lower and lower. TMOImmediate targets 510, 491. Invalidation 596,. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NYSE:TMOShort
by Rykin_Capital
TMO - Thermo Fisher - Daily Technical SetupTMO - Thermo Fisher - Daily Technical Setup TMO ENTRY = 450 - 455 Cost Avg Down = 420 1st Target = 485 2nd Target = 513 Hodl Target = New Highs ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
NYSE:TMOLong
by UnknownUnicorn7216011
7 day scare windowThe 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 a bit better in the updated cycle analysis. TMO is in a tight wedge at the moment, but today or tomorrow should give some indication which side it will break towards. 7 Days Risky Window I hate to say it, but I am seeing this window with a number of stocks since over a month. Seeing now that indexes are over-extended and are just hanging on the stimulus news, I see a potential for a dip over the coming 7 days. The red arrows track this risk. This is only for the near term, as I see TMO bouncing off the 100MA and moving back up as vaccine news and earnings reports near towards January. Good luck!
NYSE:TMOLong
by Karam08
TMO - Bullish Price ActionTMO 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 foreseeable areas of resistance for the stock and could make its way back up to recent highs nearing $530 per share. I would anticipate a slight pullback towards the 21 day EMA as stock rarely blast higher without some consolidation, but I would say that I am overall bullish on this stock until we reach previous highs. REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
NYSE:TMOLong
by UnknownUnicorn6775423
TMO to 560 by end of 2020?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 27 trading session. This suggests it would likely run up to test 460, before a minor pullback possibly, and then bounce again off the 100 MA to jump back into it's trading channel. Green trend channel: This has been TMO's trading channel since March 2020 until Nov 2020. Why has the stock taken this upward channel since March 2020? Look into their earrings reports over the last two quarters and the significant positive surprise in their EPS . Moreover, TMO is a major part of the COVID-19 support infrastructure, providing testing, partnering with leading vaccine pharmaceuticals (including Pfizer). Purple trend channel: The stock has traded in this channel since Nov 2016 - 10 March 2020. You notice a big green candle on 6 July as TMO bounces into the green channel and doesn't test back into the purple channel ever since. I don't believe, since the context and the importance of the company in the treatment and testing of covid that TMO will re-test the purple channel anytime soon (if ever). Entry: Taken a small position on Nov 27 @ 446. Will increase position once cycle prediction is confirmed by Dec 1-4. Target: 560 by 31 December 2020 Good Lick!
NYSE:TMOLong
by Karam08
Medical devices will winHealthcare has been a leader YTD, as it has the defensive nature and is gaining momentum on the spread and containment of the COVID. Also, negative sentiment of the healthcare sector regarding the opioid crisis (which seems like a long time ago now), and politicians creating regulations for insurance reform; has now subsided. Inside the XLV, IHI (medical devices) and IBB (Biotechnology) have been outperforming, and will likely continue to do so. The 3 most important holdings of the ETF will be very important during this pandemic: 1. ABT (diagnostic test for COVID) / 12.63% 2. MDT (medical ventilators/respirators) / 12.52% 3. TMO (diagnostic test for COVID) / 10.82%
AMEX:IHILong
by dorfmanmaster