Stock Of The Day: How To Predict Thermo Fisher Scientific Trend Reversals
Portfolio Pulse from Mark Putrino
The article discusses the trading dynamics of Thermo Fisher Scientific Inc. (NYSE:TMO), highlighting the resistance level at $600 and the support level at $535. It explains how stocks tend to sell off after reaching resistance and rally off of support, providing low-risk trading opportunities.
July 15, 2024 | 6:14 pm
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Thermo Fisher Scientific Inc. (NYSE:TMO) has a well-defined resistance level at $600 and support level at $535. Traders can use these levels to predict potential trend reversals and identify low-risk trading opportunities.
The article provides detailed information on the resistance and support levels for TMO, which can help traders predict potential trend reversals. However, it does not indicate any immediate news or events that would cause a significant price movement.
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IMPORTANCE 70
RELEVANCE 100