Thermo Fisher forming a cup and handle breakout setup. The stock had a nice early long entry that I have marked on the chart. Tight price action and low volume are the optimal characteristics I look for around my entry points and the early entry setup exhibited just that allowing for a low risk long entry. I will be looking for similar characteristics while the handle is forming.
Thermo Fisher Scientific (TMO)- MANUFACTURES MASS SPECTROMETRY, LIQUID AND GAS CHROMATOGRAPHY, AND OPTICAL SPECTROSCOPY INSTRUMENTS
Thermo Fisher Scientific (TMO)- MANUFACTURES MASS SPECTROMETRY, LIQUID AND GAS CHROMATOGRAPHY, AND OPTICAL SPECTROSCOPY INSTRUMENTS
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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