TMO.NYS_Swim Trading VZ Breakout_Long

NYSE:TMO   Thermo Fisher Scientific Inc
ENTRY: 638.38
SL: 595.45
TP1: 680
TP2: 700

- ADX<20. Would like to be higher.
- Maintaining at pivot point "P" and rebounded off strongly with volume today.
- Strength meter remains green indicating strength.
- Entry based on breakout from VZ today.
- Upward channel movement with its price currently at the bottom of the channel.
Trade closed manually: - Closed position at 623
- 2 consecutive selling candles with high volume

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.