PAY to THERMO FISHER SCIENTIFIC 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 turn over. There is a good chance of breaking the VWAP reclaimed pre-session losses with a breakout to consider. Strong test on the new stabilization zone with the symbolic number 532.00.
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TMO - Elliottwave analysis 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.
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TMO (Thermo Fisher) follows clear bullish channelThermo Fisher one of the best performing medical devices companies worldwide with a wide and leading technologies in a very diversified strategy, is following a bullish channel for the past weeks and month. It should continue like that since the company is delivering on earnings and revenue targets even amidst the pandemic. It shoudl go up from here again to 435-440 within 10-20 days max. Enjoy the ride!