How to Get on Board Thermo Fisher Scientific

Thermo Fisher Scientific  (TMO) broke out on the upside from an 11-month consolidation pattern last month. Is it too late to buy or too extended to chase after climbing from around $153 to over $170 in just a couple of weeks? Buying before a breakout or just at the breakout is preferred as the risk tends to be less and the reward the greatest.

Buying after a breakout can be tricky if prices are extended and could correct before renewed gains. Let's visit with the charts and indicators to determine the best way to approach the long side of TMO....286 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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