CFD Trading – Buy Thermo Fisher Inc. (TMO.NYS) @ $551.25. Stop @ 532.70 and Target @ $585.75.


Price broke above the cloud and closed above the cloud in the previous trading session, changing the chart outlook to bullish.  Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud. MACD is bullish with both lines above the zero line. MACD is hinting at a bullish price trend.  If price can stay above the cloud, price is likely to move higher to the next price resistance at $585.80 in the next 2-3 weeks.


$551.25              Buy

$585.75              Price Target

$532.70              Risk Management Stop

3 weeks              Trade Duration

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