0R0H trade ideas
TMO - Double Bottom or Head and ShouldersNYSE: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 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.
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 moving to mega-capThermo 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 - 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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DAILY ANALYSIS OF THERMO FISHER SCIENTIFIC 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
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going between trend lines--channel, possibility of going uptrendgoing between channel, possibility of going uptrend
Thermo Fisher may be a long opportunityIf 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.
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!
THERMO FISHER SCIENTIFIC is to takeHello traders, THERMO FISHER SCIENTIFIC is in the situation of a buyers refusal, it may be that it breaks out from above or returns before.
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Thermo Fisher Scientific Inc. (TMO) long.All description on the chart.
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Entry here.TMO is the Amazon for pharmas and biotechs. They supply everything from chemicals to instruments with little revenue coming from China. I don't see this approaching the 200sma. If it did, that would be bottom. Good entry here. NYSE:TMO
Buy and sell opportunityBuy and sell opportunity: wait for a bullish and bearish reversal in buy and sell zones respectively.
Trend analysis:
Monthly - up
Weekly - up
Daily - up
Hourly - side/down
Long-term opportunity: buy
Short-term opportunity: sell
