THERMO FISHER SCIENTIFIC INC

NYSE

TMO

Nice symmetric wedge

Daily Chart has been coiling all year. Break of 218 should send stock towards 225-230 area. Notes on chart.

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Purchase of shares after a good consolidation. I count on the continued growth of the market. P/E 38.84 Forward P/E 18.09 Open 212.72 SL 209.43 TP 225.88 Good Luck!

NYSE:TMO

Let count 3 and 4

I believe TMO is Neutral

I believe TMO is a SHORT

TMO is down 5% over the past month, with improving OBV during the decline, Fast STO showing an upcoming reversal, and it closing along the lower bollinger band and 20 day price channel. If dips back below the current low of the last two days may need to wait to enter at a lower support level.

Head and shoulder pattern

CHART OF THE DAY at 1-12-2016 BUY $TMO at $135

Might be breaking out of a year long consolidation

Notes on chart. Holding up pretty well and could be tracing out a cup and handle. I wouldn't front-run this or any pattern in this market, though