ThermoFisher's most recent trend suggests a bearish bias. One trading opportunity on ThermoFisher is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 22.7% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $8.15 would be incurred if the stock rose above the $150.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for ThermoFisher is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for ThermoFisher is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for ThermoFisher
A Growth Stock in the Land of Value Stocks?
Wed, 30 Nov 2016 22:02:47 GMT
How Is Thermo Fisher Scientific Accelerating Growth?
Wed, 30 Nov 2016 15:48:12 GMT
What Are Analysts’ Recommendations for Thermo Fisher Scientific?
Wed, 30 Nov 2016 15:48:12 GMT
TMO Creates Shareholder Value through Strong Capital Allocation
Wed, 30 Nov 2016 15:48:12 GMT
How Has Thermo Fisher Scientific’s Stock Performed Recently?
Wed, 30 Nov 2016 15:48:12 GMT
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